Home prices in Edmonton are seeing a slight dip as the winter cools the market down, but one kind of property is still seeing prices go up.
According to new data from the Realtors Association of Edmonton (RAE), housing activity in the Greater Edmonton Area (GEA) real estate market during November included 2,281 new listings added to the market and 1,654 units sold.
Compared to the previous month, new listings dropped 27.9 per cent, while sales decreased 19.7 per cent.
Year-over-year, new listings were 11.0 per cent higher, while sales fell 13.5 per cent. Inventory levels fell 10.6 per cent from last month but were 33.3 per cent higher than in November 2024.
Detached homes averaged $553,746, a 1.0 per cent decrease from October and 2.6 per cent higher than last year. Meanwhile, semi-det

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