This video Melody Wilson, Edmonton, Realtor, talks about what the real estate market is doing and has been doing for the year so far. The market has been challenging and there are aways to take advantage of the market as a buyer and a seller.
Important to note that the level of active listings is the highest it has been in almost 10 years. The last time it was this high was in 2008 and the average price was signifcantly lower. Interest rates have also been on the incline in the past 6 months and if you look over the last 10 years you can see the trend there and look at the average price of homes.
If you have more questions please reach out to us directly at 780-945-7821 and you can talk to Melody.
Are Houses Still Selling in Edmonton’s Real Estate Market? With a Slowing Market & High Rates? – Edmonton’s Real Estate September Market 2022
Are houses still selling in Edmonton, Alberta? With a slowing market and increasing interest rates, are you still able to sell and buy before the end of 2022?...