Edmonton Real Estate Stats - July 2019
July sales improved by over 10 per cent compared to last year, making it the best July since 2015. At the same time the new listings also eased, helping reduce inventory levels and reducing the oversupply in the market. While the months of supply remain slightly elevated in July at five months, this is a significant improvement over last July where months of supply were pushed close to seven months. Despite these shifts, prices remain below last years levels, but the pace of growth is easing compared to the first part of the year.