Edmonton Market Statistics - December 2023
We enter the new year in Edmonton with high hopes of mortgage interest rate relief in 2024. We're currently experiencing low inventory and pent-up demand from buyers waiting out the interest rate roller coaster. If these factors align, it could be a formula for a seller’s market. December home sales outpaced December 2022. Buyer demand is slowly intensifying as we head into the spring as big banks start to adjust their rates downwards.
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