From 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 month-over-month, decreasing 11.7% from September 2021. Overall inventory in the GEA was down 5.8% from October of last year and decreased 7.5% from September 2021.
For October, single-family home unit sales are up 0.9% from October 2020 and down 2.3% from September 2021 at 1,125. Condo unit sales increased 33.8% from October 2020 and decreased 0.6% from September 2021. Duplex/rowhouse unit sales were up 31.3% year-over-year and up 12.4% month-over-month.