Edmonton Real Estate Update: Single-Family Homes and Condo Sales Up 50% From Last Year
Posted by Terry Paranych on
Despite any uncertainties over the last 12 months, Edmonton’s real estate market continues to thrive with more activity than the month of January has seen in over a decade.
According to new numbers released by the REALTORS® Association of Edmonton (RAE), the city’s total residential sales for January 2021 were up 5.9% from December and 47.1% from January 2020. New residential listings also saw a healthy boost, with a year-over-year increase of 8% and a month-over-month climb of 87.9%. Although overall inventory in the capital region decreased by 17% from last year, the number of available homes on the market saw a 5% boost from December of 2020.
Edmonton Condominium Sales Up 44%
Edmonton condo sales, in particular, saw record numbers in…
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