
As you can see, we peaked twice (May and July) and are currently back at Feb/March average sales price numbers. These stats are based on the average price single family, duplex/rowhouses and condos in the Metro Edmonton area. The inventory has definitely tightened up for the last 2 months, so we could see a leveling out of prices prior to the spring market. The months of August, September and October were stable, but in reality there were many large price reductions throughout these months. The November stats have finally caught up with this reality.
Note: All stats are provided from the Edmonton Real Estate Board
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