Is it finally a home buyer’s market again? Edmonton home sales down, listings up 20 per cent from last year

Edmonton’s real estate market shows a slight cooling with home sales down 2.6% year-over-year and new listings up 20%, increasing inventory by 21.8%. Prices remain steady, with average residential prices around $463,000, up 5.2% annually. Detached homes hold value, while row homes and townhouses see price drops. Apartment sales rose slightly, but prices declined. Rental rates increased notably, with faster leasing times.