With so many market headwinds, the risk that this is a pause in the correction is higher.
All in Edmonton
Home values are trending gently upward for now.
The combination of the pandemic and weak oil industry is likely to dampen Edmonton home values in 2021.
Will winter shill the Edmonton housing market?
Local home prices will feel the burden of weak oil prices.
Economically, oil-producing provinces have been hit harder by the Coronavirus Recession.