The greater Edmonton area real estate market remains in a balanced state. The benchmark price has remained remarkably stable, declining just less than 1%, while sales dropped 30% compared to last year. Sales are still slightly higher than they usually are at this time of year and higher than we saw before the pandemic. Inventory has risen 10% over last year but remains in the normal range. 

City of Edmonton Stats

Posted by Liv Real Estate on
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Great charts! I just don't understand why prices dropped so much if supply dropped that much and demand remains high. Is it just the high interest rates? Just wondering...

Posted by Bryan Peart on Wednesday, December 28th, 2022 at 5:35pm

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