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 increase of 6.2% vs July of last year (y/y).
Single-family home unit sales were down 12.4% vs July 2021 and 24.4% vs June 2022. Condo unit sales decreased 1.6% vs July 2021 and 22.1% from June 2022. Duplex/rowhouse unit sales were down both 12.7% y/y & 21.3% vs last month (m/m)
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See the full release here https://www.realtorsofedmonton.com/Market-Stats/Monthly-Housing-Statistics
See 24 month market indices here 2022-07_Edmonton_Statistics