Buyer’s market? Edmonton home listings surge 20 per cent year over year

Edmonton's housing market remained steady in July with 2,860 sales, a slight decline from June and last year. New listings rose 7.8% month-over-month, boosting inventory by 4.7%. The average residential price was $463,078, up 5.2% annually but down slightly from June. Detached home prices increased, while condos and townhouses saw price declines. Buyers have more options as sellers may lower prices to close deals.