Edmonton Housing Market Resilience

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edmontonjournal

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Edmonton October housing stats bringing heat into the late fall

Summary

Nutrition label

80% Informative

October ’s housing statistics from the Realtors Association of Edmonton (RAE) showed a fiery resilience with nearly 40 per cent more sales than at the same time last year .

With roughly 17,000 to date, the city's housing sales are up by more than 35 per cent.

The housing stock in Edmonton was 3,765 last month — down from September , which sat at 4,191 .

October also marked the third straight month of decline in new listings, which, coupled with lowered interest rates, could be putting upward pressure on the market's prices.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful