For those ready to downsize this could be the ideal moment. The current home selling market is essentially a story of 2 halves. Single family homes are selling for MORE than homes sold last year. Condominium values are down. What a great time to cash out and buy a discounted condo. Read below for the detail.
On average, home sellers in Edmonton received about 1% or $5460 MORE than did home sellers in 2017. This growth is almost exclusively coming from the single-family segment. Unfortunately for condo sellers, values are 4% down on this time last year. If you are thinking about buying a condo could this be the time to jump into the market?
Don’t let the graph fool you. In August 2018 a total…