July sees first large decrease in Edmonton real estate market: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market decreased 23.8% compared to June 2022 and saw a year-over-year decrease of 10.3% from July 2021. New residential listings decreased 14.8% m/m vs June 2022 & an ...
Continue ReadingJune sees continued cooling of housing market in Edmonton Edmonton, July 5, 2022: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market decreased 9.2% compared to May 2022 and saw a year-over-year decrease of 4.6% from June 2021. New residential listings decreased 8.3% month-over-month from May 2022, ...
Continue ReadingHousing Market Sees Cooling in May: Sales in the Greater Edmonton Area decreased 1.6% vs. April 2022, up 4.4% from May 2021. For Single Family down 3.4% vs. May 2021, up 1.9% vs April 2022. Condo sales up 28.6% Y/Y but were down 9% M/M. Duplex/rowhouses were up 5.8% Y/Y & ...
Continue ReadingTotal residential unit sales in the Greater Edmonton Area (GEA) real estate market in April 2022 decreased 10.9% compared to March 2022 and increased 2.0% from April 2021. New residential listings increased both 8.8% year-over-year and 11.9% month-over-month from March 2022. For April, single-family home unit sales were down both 6.3% ...
Continue ReadingSingle-family homes averaged 27 days on the market, a 15-day decrease from February 2022. Condos averaged 51 days on the market, decreasing by 10 days month-over-month, while duplexes averaged 29 days on the market, a 13-day decrease compared to last month. Increases in home values a less pronounced in March ...
Continue ReadingTotal residential sales in Greater Edmonton Area (GEA) for February 2022 increased 69.3% vs January 2022 and 41.7% vs February 2021. New residential listings increased 13.7% year-over-year and 39.6% month-over-month. Single-family home unit sales are up 35.6% vs February 2021 & 72% from January 2022 at 1,394. Condo sales are up ...
Continue ReadingResidential sales for the Greater Edmonton Area (GEA) in January 2022 rose 1.5% vs December 2021 (month over month = M/M) and 14.4% from January 2021 (year over year = Y/Y) New residential listings decreased 8.9% Y/Y but were up 55.7% M/M. Total inventory was down 14.8% Y/Y and up ...
Continue ReadingCheck out the latest results and 3 year summary of activity for the Greater Edmonton Area – December is up sharply for Single Family Detached in 2022, many feel lower inventory is driving this value increase even in the light of COVID & rising mtg rates! See full details in ...
Continue ReadingResidential Unit Sales & New Listings Strong for November Edmonton, December 2, 2021: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for November 2021 is up 30.9% vc Nov 2020 & down 2.1% vs Oct. 2021. New listings are up 16.1% Y/Y vs Nov. 2020 ...
Continue ReadingFrom RAE Nov 2: Total residential unit sales in the Greater Edmonton Area (GEA) real estate market for October 2021 increased 11.7% compared to October 2020 and decreased 0.6% from September 2021. New residential listings have stayed the same year-over-year from October 2020. However, new residential listings are down ...
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