Anyone will tell you that if you want to get your hands on valuable real estate, you need to get into the Edmonton real estate market. Edmonton has been a seller’s market for some time now, and who do you think is benefiting the most? You may be surprised to learn that the largest benefactors in this market are in fact, condo owners.

Condo values have increased 7.8% year over year, as of 2014. Two story homes have seen an increase of 3.8% as well, so in reality it is win-win for homeowners city-wide, but the staggering increase in condo value is seeing many people laugh all the way to the bank. Why exactly are condos so valuable in the Edmonton real estate market? It all boils down to a supply and demand issue in the city. Condos are more readily…

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2022 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on May 27th, 2022 at 4:18pm CDT.