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.

To learn more about the Edmonton and Area real estate market, give us a shout!

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