Many of you will be wondering how the Covid 19 health crisis has affected our market and we are pleased to publish the following results.
There is always a market in the larger centres like Edmonton and despite a one off incident like Covid 19, over 4,800 home buyers decided to take the plunge and purchase a home equal to an adjustment of about 18%.
Buyers have been able to negotiate with many worried home sellers and on average home buyers were able to secure a discount of about 5% compared to last year. To many people this will come as a surprise. Many people we talk believe that values have dropped by much more.
It’s taking about a week longer to sell than last year. Not that significant.
At the end of June, there were 5829 homes and…