• Edmonton Real Estate Market Update – February 2025

    Edmonton Real Estate Market Update – February 2025,Park Realty

    As we transition from winter to early signs of spring, the Edmonton real estate market continues to see shifts in activity. February 2025 brought notable changes in sales, listings, and home prices, reflecting evolving buyer and seller behaviors. Residential Sales & Listings Total Residential Sales

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  • Edmonton Real Estate Market Update – January 2025

    Edmonton Real Estate Market Update – January 2025,Park Realty

    January saw a strong start to the year in the Greater Edmonton Area (GEA) real estate market, with an increase in sales activity and new listings compared to December. While winter typically means a slower pace, the numbers show buyers and sellers are still making moves. Residential Sales & Listing

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  • Edmonton Real Estate Market Update – December 2024

    Edmonton Real Estate Market Update – December 2024,Park Realty

    As expected, December saw the traditional winter slowdown in the Greater Edmonton Area (GEA) real estate market, with activity cooling off compared to the previous month. However, year-over-year gains in sales and prices continue to reflect the market’s underlying resilience and steady demand. Resi

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  • How the Bank of Canada’s Policy Rate Reduction Impacts Homeowners and Buyers

    How the Bank of Canada’s Policy Rate Reduction Impacts Homeowners and Buyers,Park Realty

    On December 11, 2024, the Bank of Canada reduced its policy rate by 50 basis points to 3.25%, signaling a commitment to stimulate economic growth and keep inflation within its target range. This change has immediate implications for Canadian homeowners with existing mortgages and those considering

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  • Edmonton Real Estate Market Update – November 2024

    Edmonton Real Estate Market Update – November 2024,Park Realty

    The Greater Edmonton Area saw a shift in the real estate market this November, as residential unit sales decreased by 22.8% compared to October, totaling 1,920 sales. However, compared to November 2023, the market remained strong, with an 18.4% increase in sales. Inventory continues to tighten, wit

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  • Edmonton Real Estate Market Update – October 2024

    Edmonton Real Estate Market Update – October 2024,Park Realty

    The Greater Edmonton Area saw a strong October for residential real estate, with 2,489 sales — a 10.5% increase from September and a 38.5% jump from last year. Inventory is tightening, with new listings down 8.7% from the previous month and overall inventory down 17.4% year-over-year. Residential U

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  • Edmonton Real Estate Market Report – September 2024

    Edmonton Real Estate Market Report – September 2024,Park Realty

    The Greater Edmonton Area real estate market recorded 2,256 residential unit sales in September 2024, marking a 12.6% decline from August 2024. Despite the seasonal drop, sales remain 10.0% higher than in September 2023. New residential listings totaled 3,215, down 4.6% from August but 6.4% higher

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  • Edmonton Real Estate Market Report – August 2024

    Edmonton Real Estate Market Report – August 2024,Park Realty

    The Greater Edmonton Area (GEA) real estate market experienced a total of 2,591 residential unit sales in August 2024, marking an 11.8% drop from July 2024. However, sales are still 15.8% higher compared to August 2023, indicating strong year-over-year growth. New residential listings for the month

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  • Edmonton Real Estate Market Report for July 2024

    Edmonton Real Estate Market Report for July 2024,Park Realty

    The Greater Edmonton Area real estate market saw a total of 2,941 residential unit sales in July 2024. This marks a 3.5% increase from June 2024 and a notable 27.1% increase compared to July 2023. New Listings & Inventory New Listings: 3,729 new residential listings, up 2.9% from June 2024 and 13.

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  • Edmonton Real Estate Market Report for June 2024

    Edmonton Real Estate Market Report for June 2024,Park Realty

    Edmonton's real estate market slowed in June 2024, with a total of 2,847 residential unit sales, reflecting an 11.4% decrease from May 2024 but a 10.0% increase compared to June 2023. New listings amounted to 3,712, a 14.2% drop from the previous month, yet 2.6% higher than June last year. With the

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  • Edmonton Real Estate Market Report for May 2024

    Edmonton Real Estate Market Report for May 2024,Park Realty

    Edmonton's real estate market saw continued momentum in May 2024, with a total of 3,220 residential unit sales, marking an increase of 3.3% over April 2024 and 18.9% over May 2023. New listings surged by 13.4% compared to the previous month and 12.6% compared to the previous year. Average prices ac

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  • Edmonton Real Estate Market Report for April 2024

    Edmonton Real Estate Market Report for April 2024,Park Realty

    Edmonton's real estate market saw significant momentum in April 2024, with a total of 3,128 residential unit sales, marking an increase of 27.1% over March 2024 and 54.9% over April 2023. New listings surged by 11.2% compared to the previous month and 13.7% compared to the previous year. Average pr

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