Edmonton prices are slowing for a mini plateau, but that doesn't mean that the prices are going to fall. In fact, Edmonton is still on track for it's 2nd best year on record. In April Edmonton led Canada with a 4.4% increase for the price of a new home.
"A tight housing market coupled with rising materials and labour costs powered Canada's largest increase, of 4.4 per cent, in Edmonton, the federal agency said.
Edmonton also led the country with the largest 12-month increase, at 40.5 per cent." Full Article
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