Edmonton Housing Marketing Dips in December
Posted by Chris Proctor on
I’ve
written
a few times about Edmonton (and Alberta’s) growing housing market, so this
latest news may seem as a shock – but really, it’s nothing to worry about and,
on the contrary, quite predictable.
So what’s this latest news? Well, it’s the one that points out that in December, Edmonton’s housing market dipped in a couple of ways. First, average home prices fell to $308,496, or about $10,000 vs. November. Second, the total number of homes sold also fell from 1,120 in November to 784.
Now, at first glance this news may seem shocking and scary. But when you recall that we’re talking December in Edmonton here, you can see that the dip is normal for this time of year. Not only were many folks preoccupied with holiday tasks, but there were fewer…
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