Edmonton Real Estate Statistics – October 19, 2009
Well it is appearing that the Edmonton real estate market is staying strong. As of today there are 1,930 single family homes listed for sale in the Edmonton area which is only a slight drop in inventory since last week. Sales however increased slightly from 675 to 683.
The end result is that the listing to sales ratio dropped to 2.83:1 from last weeks 2.88:1 which indicates that the market is still strong and that valuations should still continue to rise slightly.
With pressure still on valuations to rise in Edmonton and the potential for an interest increase now is the time to buy.
