Real estate market expected to pick up in spring

Edmonton's spring real estate market shows cooler activity with a nearly 12% drop in resales year over year and a 20% decline year to date. Inventory rose 35%, increasing buyer choices but adding seller competition. Benchmark home prices fell slightly, with single-family homes down less than 1% to $513,700. Population growth and affordability support demand, contrasting with larger price declines in Calgary, especially in condos.