Edmonton’s Spring Market Trends

 

Detached, single-family homes are the most sought-after property type in Edmonton, and older homes in mature neighbourhoods typically receive multiple offers as a result of low inventory.

A wide variety of inventory across the rest of the market provides good opportunities to move-up buyers who drive demand in Edmonton. Stable prices have created good value in the upper-end of the market, resulting in 33 properties selling for over a million dollars in the first quarter of 2017. New approvals for high-rise condo developments in Edmonton’s downtown core and the Whyte Avenue district are expected to fuel condo market activity in the region moving forward.

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