How COVID-19 Helped Create a Surge in the Edmonton Real Estate Market
Starting in June 2020 and accelerating through July and August, the Edmonton Real Estate market saw an increase in sales activity since this time last year. Actually, we haven’t seen sales this high in the month of August in the greater Edmonton since the boom in 2006. So, what gives? We’re in the middle of a global pandemic, Alberta’s economy (and Canada’s economy for that matter) feels totally uncertain and the government policy changes and spending seem astronomical. So, WHAT GIVES?!
There are a few factors that I believe are at play here to help drive this sudden demand in our real estate market, but before I get to those let’s take a brief look back…
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