2016 Alberta Real Estate Update

Across Alberta, monthly residential average prices were up from year-ago levels in Edmonton (+0.7 per cent). In contrast, average prices decreased year-over-year in all other areas of the province, falling in Calgary (-0.5 per cent), Lethbridge (-3.8 per cent), Alberta West (-4.2 per cent), Grande Prairie (-6.8 per cent), Medicine Hat (-8.7 per cent), Central Alberta (-9.4 per cent), Fort McMurray (-20.2 per cent), Lloydminster (AB) (-21 per cent), and South Central Alberta (-25.7 per cent). New listings on the MLS® Systems of real estate boards in Alberta numbered 10,756 units in March, edging up two per cent from a year earlier. Active residential listings numbered 27,194 units at the end of March, up 13.5 per cent from one year earlier.

Source: CREA