The Edmonton real estate market is promising to remain healthy according to forecasts announced by the Realtors Association of Edmonton early in January. According to this announcement, current home owners can expect to see a 3% increase in the value of their single-family homes, with condominiums and townhomes seeing an approximated increase of 2%.

First Time Buyers

For first time buyers these statistics can seem alarming, but what the Association also stated was that the sales of condominiums and alike homes will increase this year – with about 11 500 predicted to be purchased (an increase of 1000 from 2013). The reason this increase is predicted is because while the Edmonton real estate market is healthy and growing, condos and townhomes (also…

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Edmonton Homes for Sale are popping up every minute and selling out faster than you can blink. In the South end of the City alone, there are over a dozen developments in various stages of completion. Now is a great time to buy in this part of the City because you’re pretty much guaranteed to see a return on your investment.

While you may only be purchasing a lot at this time, depending on the development, one thing is a fact: getting in on a development in the earliest stages is going to offer you the best prices (on lots or homes). As developments complete, construction noise dissipates, landscaping is finished and the area more or less settles. All the amenities and features of the community are in place for residents and a whole neighbourhood is now…

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2023 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on June 5th, 2023 at 8:01am CDT.