INFOGRAPHICS: May 2022 RAE Edmonton Market Reports
Housing Market Sees Cooling in the Month of May”
Total residential unit sales in the Greater Edmonton Area (GEA) real estate market decreased 1.6% compared to April 2022, yet saw a year-over-year increase of 4.4% from May 2021.
New residential listings increased 2.1% month-over-month from April 2022 and 13.1% from May of last year.
For May, single-family home unit sales were down 3.4% from May 2021, but increased 1.9% from April 2022 at 1,736. Condo unit sales increased 28.6% from May 2021 but were down 9% from April 2022. Duplex/rowhouse unit sales were up 5.8% year-over-year yet decreased 1.4% month-over-month.
The following data is a comparison between May 2022 and May 2021 numbers, and is current as of June 2022. For last month’s numbers, check out our previous RAE infographic!
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