Edmonton housing market unseasonably active as demand grows

Edmonton's housing market began 2025 with a notable increase in residential sales, reaching 1,597 in January, a 12.1% rise from December 2024 and 11.2% from January 2024. New listings surged to 2,452, up 83.5% from December, though overall inventory decreased by 18.2% year-over-year. The average residential price rose to $438,278, with detached homes averaging $561,282. Apartment condominium sales saw a 36% annual increase, while homes spent an average of 48 days on the market.