Edmonton Real Estate Stats - October 2018
Posted by Gerard Hagan on Monday, November 5, 2018 at 9:56 AM
By Gerard Hagan / November 5, 2018
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“Some of the market decreases are a result of slower sales coupled with higher inventory and listings, as well, it is also common for both prices and sales to begin to decrease at this time of year due to seasonal market fluctuations.”” says REALTORS® Association of Edmonton Chair Darcy Torhjelm. “As we move towards the end of the year, we will likely see average days on market grow with inventory remaining higher.”
Average days on market increased for most categories, indicating it continues to be a buyers’ market for the Edmonton CMA.
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