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September 2019 - Edmonton Market Update

Posted by Mani Bagga on Thursday, September 12th, 2019 at 9:43am.

The Market is Steadily moving back towards a more balanced market! What does that mean? Yes, it is more towards a Buyer's market still but it means that the homes to buyer ratio is not as high as it has been in the past. Also with the stress test having been lightened, more Buyers are able to afford housing. Housing prices are starting to look stronger and stronger with each passing month!

Average days on the Market is also dropping however Seller's still need that patience to sell their homes!

 

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