The Gist:

  • Sales

    • By the end of April, Edmonton hit historic lows in sales and listing activity.

    • April 2020’s average daily sale rate was 25, roughly half the 50-60 sales per day average over the past 5 years.

  • New Listings

    • April 2020 had half as many listings daily at 58 as compared to the average daily rate of listings in April since 2015 which fluctuated between 109-120.

  • The Government of Alberta has announced plans to start reopening the province on April 14th, and we expect to start seeing more activity over the next 90-180 days.

  • We’ve already started to see the uptick in market activity after the plans for reopening were announced in the last week of April and into early May.

 

Want to Know Whats Happening in Your Neighbourhood? 🏘🏡


⬇️ Daily Market Indicators ⬇️

 

🎧 HACK&Co Playlist: Price Reduction Remix 🏷

Take a peek at properties that have lowered their prices since Emergency Shutdown 📉