Well, next week the much anticipated press release from the Realtor’s Association of Edmonton will come out, and along with it our charts and analysis of the real estate market. For the past few months Sheldon and I have been watching the listing inventory rise, and predicting a price correction. We called for it in June and July and it didn’t come (statistically) and then received plenty of angry emails and comments that we were fear mongering. Sales were down (5 year low), listings were up (record high) and despite this the average price held very strong, which shows the resi[...]
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[Source: The Money Blogs]
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