Edmonton Real Estate 2020: Why Now Is the Right Time to Buy
Posted by Terry Paranych on
The New Year is just around the corner, and with it comes some great news for Edmonton home buyers. Here are five reasons why now is the right time to purchase a new Edmonton home:
1. Record-Low Home Prices
According to a recent report released by the Canadian Real Estate Association, Edmonton’s benchmark home price has now reached the ultra-affordable low of $316,200. Having fallen 8.29% over the last several years, homes are now being sold at prices not seen since the buyer’s market of 2013 – where the benchmark price was only slightly less at $314,500.
Home buyers interested in detached single-family dwellings and townhomes can expect to see some particularly substantial savings compared to last year, with average prices dropping over…
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