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5 Year Average Sale Price - Edmonton and Area - SFH

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5 Year Average Sale Price - Edmonton and Area - SFH
While at our Remax Convention in Quebec City, we had the pleasure of listening to an Economic Forecast presented by Benjamin Tal, managing director and deputy chief economist of CIBC. Where we are sitting at now with the Bank of Canada rate is sustainable. With all the new Immigrants to Canada this year and the coming years, he predicts that the economy should start looking better come 2024.

This being said, things are NOT bad right now. Prime rate is at somewhat at a normal standing when you take a look at past history. The media is putting fear into everyone about the Economy and Housing prices. Over the next few weeks, I'm going to share some of Edmonton's Real Estate Stats. This will show you that yes, things have slowed down (which is a good thing as we COULD NOT sustain what our market was doing earlier this year) but we are back to a normal market which will benefit both buyers and sellers.

Today I'm sharing with you the Average Sale Price for Edmonton and Area over the past 5 years. It wouldn't be a bad thing if we returned back to where the average sale price was in 2021. 

For more info call/text me at 780-905-7773 or click on www.reneebrown.ca and visit my website

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