Is housing market in Edmonton going up?

As an AI language model, I don't have real-time access to the most recent information and cannot predict future trends. However, as of my knowledge cutoff in September 2021, the Edmonton housing market was showing signs of recovery after experiencing a downturn due to the COVID-19 pandemic. Here's an overview of the situation at that time:

1. Rising Home Prices: Average home prices in Edmonton were trending upwards, with the overall market showing a gradual increase.

2. Increased Sales Activity: The number of home sales in the Edmonton area had also been increasing, indicating a growing demand for housing.

3. Lower Inventory: The supply of available homes for sale in Edmonton was relatively low compared to previous years.

4. Competition Among Buyers: Due to the limited inventory, homes were often receiving multiple offers, leading to competitive bidding and potentially higher prices.

5. Suburbs and Peripheral Areas: Housing demand was particularly strong in Edmonton's suburbs and surrounding areas, which offered more affordable options compared to the city center.

6. Impact of Pandemic: The pandemic had impacted the housing market, but the effects varied depending on the neighborhood and property types. Some areas saw price increases while others experienced slower growth or even declines.

7. Economic Recovery: The Edmonton housing market was expected to be influenced by the broader economic recovery in the post-pandemic period. Factors such as job growth, migration, and overall economic conditions would likely play a role in shaping the market.

It's important to note that the housing market can be influenced by various factors, including changing economic conditions, government policies, construction rates, and interest rate fluctuations. The situation may have evolved since my last update, and I recommend checking with reliable sources for the latest information on the Edmonton housing market before making any decisions.