Residential home sales in Edmonton are up according to the Realtor Association of Edmonton who is awesome at keeping track of residential property sales for Edmonton real estate companies including Remax, who sells 33% of the properties in our municipality and 79% in Sherwood Park, Alberta.
For the month of May, house sales were up 60.08% and condominiums sales increased by 28.14% from April 2020. However, there was a decrease of 4.04% in these home prices compared to last year. With the low-interest rates, recent qualifying changes in CHMC and the re-opening of open houses, Edmonton is sure to have a busy summer holding Edmonton house prices steady.
Taking into consideration what is happening economically in Canada, this is also a fantastic time to invest in commercial real estate with a surplus of vacant buildings. View more Edmonton house price statistics.