Edmonton Real Estate Stats - December 2019
Posted by Gerard Hagan on Wednesday, January 8, 2020 at 9:48 AM By Gerard Hagan / January 8, 2020 Comment
Stronger sales in the last three quarters helped offset earlier losses, resulting in stable sales activity this year. However, the market was divided with growth occurring mostly for product priced below $300,000.
While supply levels are adjusting, the market has remained oversupplied, weighing on prices which declined by nearly three per cent in 2019. However, as conditions improved throughout the year, the rate of price declines had eased.
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