Edmonton housing market in 2020 a ‘pleasant surprise’ for buyers and sellers, says monthly report

Jennifer Lucas, chairwoman of the Realtors Association of Edmonton, said she’s still cautiously optimistic the market is rebounding.

Edmonton housing market in 2020 a ‘pleasant surprise’ for buyers and sellers, says monthly report

Overall residential sales increased by 20.11 per cent from August 2019, while single-family homes jumped up 22.98 per cent, according to the latest Realtors Association of Edmonton report. Condo sales did see a slight decline of 0.97 per cent.

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Alberta housing markets may surprise investors post-recovery – report

Calgary’s real GDP will likely shrink by 5.5%, while Edmonton will likely see a 5.6% decline, CTV News reported.

Alberta housing markets may surprise investors post-recovery – report

Should COVID-19’s impact be moderated and the Albertan economy restarts in the next few quarters, the Calgary and Edmonton housing markets might see recovery sooner than expected.

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