If you have been holding back from selling your home in the belief that the market has crashed, rejoice. The Edmonton market so far this year has been more robust than most experts had predicted.
If you are wanting to buy, then this could be the time to do it. The longer you wait the more you will pay based on the market's performance so far this year.
The average sales price of a home sold in May 2016 across Edmonton increased by around 1% over this time last year for an average sales price of $388,843.
Approximately 74 fewer homes Edmonton homes sold in May 2016 compared to May of last year. We consider this to be insignificant.
Days on Market
It took only 7 days longer for…