08/04/2026
These are the Average Sale Prices YTD in Edmonton over the last 6 years.
You don’t need to be able to predict the market.
You need to be in it long enough for it to work for you.
The last few years in Edmonton have been strong.
Do we know how the next few will look?
We can observe the trends and analyze the economic, social and political factors likely to impact the real estate market.
But at the end of the day, nobody has a crystal ball. But what we can do as consumers is be prepared going into the buying process.
Strong financial (and emotional) preparation is key for resiliency under changing market conditions.
Mortgage rates going up or down, average prices rising or dropping, we can’t control any of it. But if your mortgage payments don’t overwhelm you, and you leave room for savings and everyday life, you’ll be fine under most market conditions.
If you’re able to stay in the property long enough for the numbers to play out in your favor, most likely you’re going to win in the end, through any market conditions.
It’s true what they say. Time in the market is always more important than trying to time the market.
Thanks for a fun creative session 🙂 Yulianna Khomych
Olga Alkonov | REALTOR®
Rimrock Real Estate
[email protected]
780-710-7832
