INFOGRAPHICS: February 2019 RAE Edmonton Market Reports

Ready for Spring? Here are the most recent housing market updates for areas and neighbourhoods under the REALTORS Association of Edmonton (RAE)!

According to RAE’s latest market update, when compared to January 2019, unit sales across all categories increased, with single family home sales increasing 23.31%, condo sales increasing 26.05% and duplex/rowhouse sales increasing 17.53%.

Year over year sales are down in all major categories, with single family homes sales decreasing 2.73%, condo sales decreasing 6.62% and duplex/rowhouses sales decreasing 9.60%. Year to date sales for all residential categories were down 11.01% compared to February 2018.

RAE Chair Michael Brodrick states,

“February tends to see the start of an increase in unit sales in the real estate market following the sluggish winter months, and this year is no different. Inventory remains high and compared to last year the market is still lagging, but we are hopeful the traditional upward trend for spring holds true this year.”

The following data is a comparison between February 2018 and February 2019 numbers, and is current as of March 2019.

For last month’s numbers, check out our previous RAE infographic!

You can also click here to view all our Edmonton inforgraphics.

Click on the images for a larger view!

(Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )