As much of Alberta tries to recover from the economic impacts of COVID-19, Edmonton’s real estate sector is among the industries hoping to bounce back.
After facing a major decline in home sales in April, many realtors say they are looking forward to a relaunch of their own. “Mid-March we got that announcement that everybody needed to stay and work from home and that sort of dropped off, and then we really saw the effects of that impact happening in March in April,” Jennifer Lucas, chair of the Realtors Association of Edmonton, said.
Buyers and sellers started expressing safety fears about touring homes. In the latest report released by the Realtors Association of Edmonton, sales of single-family homes are down over 55 per cent compared to