It’s been said that statistics don’t lie.

At the same time, statistics don’t always tell the whole truth either. An example of this, is the average single family home price in Edmonton for the month of October. That figure was $438,935, an increase of 3.02% over the same period last year. To be fair though, that number is a little inflated. In…

November sales down less than 3% from last year

Monthly Statistics Quarterly Statistics Edmonton, December 2, 2015: Edmonton’s housing market saw strong sales numbers in November. November’s all residential reported sales were down only 2.9% year-over-year (YoY), a notable improvement compared to October 2015 numbers which saw a 15% drop compared to October 2014. The average residential sales price in November for the Edmonton…

Home buyers don’t hibernate!

We always expect home sales to slow down a bit as we sink into the winter months. That doesn’t mean that people stop buying homes, though. In fact, the right conditions can bring buyers out in droves. Right now in Edmonton, we’re seeing the right conditions. Buyers are definitely eager to take advantage of low…

Year-over-year prices steady, up over 1%

Monthly Statistics Quarterly Statistics Edmonton, November 3, 2015: The outlook for Edmonton’s housing market remains stable. The average residential price in October for the Edmonton Census Metropolitan Area (CMA) is up 1.72% year-over-year (YoY) despite reported sales being down 15%. Single family sales are down 14%, with prices up 3% YoY. Condo sales are down…