June 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, but there was an increase of 4.1% from June of last year.

For June, single-family home unit sales were down 8.2% from June 2021, and decreased 11.6% from May 2022 at 1,534. Condo unit sales increased 1.8% from June 2021 but were down 4.3% from May 2022. Duplex/rowhouse unit sales were down both 4.7% year-over-year and 11.6% from last month.  See June-2022-Housing-Statistics news release & full report JUNE_CREA-EDMOstats 2022-06_Edmonton_Statistics-1