What’s Happening: CMHC brands Edmonton a buyer’s market | Edmonton Journal

Posted on Posted in Real Estate Market

Edmonton is currently a buyer’s market, according to the Canadian Mortgage and Housing Corporation (CMHC) Fourth Quarter 2016 Housing Market Assessment for the Edmonton census metropolitan area. The report states that slower economic conditions have reduced housing sales, resulting in longer selling times and shifting market balance in favour of the buyer.

Source: What’s Happening: CMHC brands Edmonton a buyer’s market | Edmonton Journal