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If you have plans to buy a home this year, I've got good news for you.
Whether you're a first time buyer or you're looking to upgrade into a larger home, the latest report from the Realtors Association of Edmonton has said that we are in a buyer's market. Overall sales have decreased by 9% when compared to 2014, but that has not affected the pricing of homes in the area. Contrary to what is to be expected, homes prices have actually increased year over year to about 1.9% overall from 2014. The economic decline has impacted the market, but it seems like Edmonton hasn't been hurt by these changes.
But the big news for buyers is the fact that there's a 66% increase in inventory in the market. With more…
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