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Edmonton housing forecast blog - part 1 A look back at 2020

A look back at the year that was 2020

Earlier this month the Edmonton Real Estate Association held their annual Real Estate Market Forecast where they bring in economists from various levels to share their thoughts about what is happening in our city, province and even across the country. Today, I will share about the year past. What was expected, and what turned out to be a curve-ball of a year that took just about everyone by surprise. 
Wow! What a year 2020 turned out to be. From the panic of the early days of the pandemic, to the economic upswing of the summer, things this year in real estate could hardly be described as “predictable.” In fact, the word used so often this year was “unprecedented,” as pointed out by the past board chair of…

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