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November’s summary shows very slight decreases to Single Family Detached (SFD) values Y/Y, buoying the overall picture at less than 1% reduction overall vs same period 2021. Apartment and Townhomes performed more favorably for buyers than sellers. Activity is down significantly; See it all below!
Check out “November Monthly Market Stats – Greater Edmonton Area” from REALTORS® Association of Edmonton on Vimeo. The video is available for your viewing pleasure at https://vimeo.com/779671945 If you like this video, make sure you share it, too!
MLS® HPI Benchmark Price* | November | M/M % | Y/Y % |
(all-residential sales in GEA1) | 2022 | ||
SFD2 benchmark price | $423,400 | -1.3% | -0.2% |
Apartment benchmark | $175,200 | -3.2% | -4.7% |
Townhouse benchmark | $228,100 | -1.3% | -2.6% |
Composite7 benchmark | $373,400 | -1.5% | -0.9% |
see full Max-Stats here 2022-11_Edmonton_Statistics Edm Board here NOV_2022_MonthlyStatsBoard_LANDSCAPE
See deep-dive here NOV_2022_CREA-EDMOstats