We’ve been hearing from RAE members about the dwindling options for their buyer clients, and the increasing challenge of multiple offers. A big part of this story (in Edmonton and beyond), is the issue of supply. At the same time, we are also seeing interprovincial migration, immigration, rising interest rates, the average age of buyers and pent-up pandemic savings have an impact on the housing market in the Greater Edmonton Area.
Hear from national market expert Ryan Biln, CREA Economist, and Dil Puar, Director of Government Relations, for a real-time look at Edmonton real estate and the economic factors impacting market conditions.