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Remember last month how I said LOOK OUT for price increases because Ontario and BC investors are turning to Alberta?
This has HUGE implications for Edmontonians. Watch the video to learn why this trend matters so much, and it isn’t all good news.
Check out these numbers:
Benchmark Year Over Year Prices (this is an equalized price that speaks to the changes for an average style property):
Single Family ⬆ 7.8%
Condos ⬆ 1.1%
Townhouses ⬆ 2.3%
Total Sales Volume Change Year Over Year (the biggest news!!)
Single Family ⬆ 36%
Condos ⬆ 55%
Duplexes ⬆ 56%
Days On Market Average
Single Family 42
Condos 61
Duplexes 42