Edmonton Housing Market Remains Stable in September

The Greater Edmonton Area housing market saw a 8.8% drop in home sales in September from August and a 10.3% decline year-over-year. The benchmark price fell 0.9% from August to $423,100, with the average price at $466,080, down 0.8% from August but up 2.9% year-over-year. New listings rose 7.2% month-over-month and 11.3% year-over-year, increasing inventory by 7.2%. Prices and sales declined across most property types, with semi-detached and row/townhouse sales notably down.