Planning on buying or selling a home in 2021? Listen up folks, because Royal LePage has just announced what they predict the housing market will look like in Edmonton come next year! How exciting.
According to a release, those who are purchasing a new crib should expect the average two-storey detached home to cost around $430,700, a 1.5% increase from last year.
Related Posts:
Canada Post has moved up shipping deadlines ahead of the holidays
Celebrate home games and win BIG with the Canadian World Juniors!
Those looking for something more humble though, like a condo or an apartment will be looking at a 1.0% rise. This means you may only have to pay around $215,100 for some new digs which is pretty good news – unless you’re on the other side of the counter trying to make a major profit.
“While spring is expected to bring new inventory to the market, we are also anticipating a healthy level of demand from buyers, resulting in a balanced market,” They said.
In conclusion, they aren’t expecting any major shifts, money moves or any devastating blows to neither buyer or seller this year and that’s just probably a good thing.
After 2020, it’ll be a while until we need or want another shake-up in any industry. Thanks, Royal LePage for your ‘meh’ forecast. We genuinely appreciate it.
The Bentway is bringing back its iconic figure-eight skate trail for the rest of the…
A smart choice 💫
The best things to do this week.
It's hard to believe we're already in late July, but that doesn't mean the summer…
We've got another busy week ahead of us, Calgary! The city is packed with live…
It’s another thrilling week in the city, and there are tons of things to do…