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Every year I look forward to the REALTORS® Association of Edmonton Annual Housing Forecast Seminar. It gives us a picture into the coming year about prices and market activity.

My summary of the predictions is simple. It’s going to be a flat year for Edmonton and area real estate.


Here are the predictions.

The NUMBER OF SALES, Single Family Dwellings are up .88% while PRICES are expected to soften by .9%.

Condos are predicted to fall 2.4% in NUMBER OF SALES while PRICES may drop by 2%.

Duplex and Rowhouses are up 3.74% in NUMBER OF SALES while PRICES will only increase by .2%.

All residential, for NUMBER OF SALES may increase by .73% while PRICES are expected to drop by .9%.

The story behind some of these numbers is the INVENTORY, which is expected to increase by 1.96% for Single family dwellings, 4.42% for Condos, and .68% for Duplex and Rowhouses.


What does all this mean? 2018 will be a great time to buy a condo. There will be stable prices for houses on both sides of the transaction. If one is downsizing from a house to a condo, you won’t see inflated pricing with your sell, but will get a good deal on your purchase. And the starter home market of duplex and rowhouses will be the hot spot of the market.


The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.