Edmonton, January 4, 2012: The REALTORS® Association of Edmonton reported that the all-residential average price for real estate sales through the Multiple Listing Service® (MLS®) in December was up 1.7% ($316,415) from a year ago. The average price of a single family detached home was also up 2.0% to $364,803 from December 2010. Relative to last December housing prices were up overall as well. As typical for December when sales usually fall off, month over month sales were down 27% and prices ...
Full Article...
posted in Market News
at Fri, 06 Jan 2012 13:38:31 -0700
Edmonton, November 2, 2011: In October the streets are overrun with ghoulish figures and scary characters but homeowners had no reason to fear the local housing market. Average prices for all types of residential property softened in October as part of the seasonal trend. In October the average* price of a single family detached home dipped lower than the two previous years and the previous month. The average price of a condo also dropped below the two previous same-month levels and was $15,500 ...
Full Article...
posted in Market News
at Wed, 09 Nov 2011 16:33:59 -0700
Highlights of MLS® System activity
June 2011 activity Record for the month* % change June 2010
Total MLS® System sales this month 2,011 9.40%
Value of total MLS® System sales - month $668 million 7.10%
Value of total MLS® System sales - year $3.286 billion -5.20%
Residential¹ sales this month $584 million 7.60%
Residential average price ...
Full Article...
posted in Market News
at Wed, 06 Jul 2011 15:33:38 -0600
REALTORS Optimistic About Strength in the Local Housing Market
Edmonton, July 5, 2011: Economic and other external indicators point to a strengthening of the local real estate market according to the REALTORS® Association of Edmonton.
Statistics Canada reported that Alberta boasted the highest spike in population in the first quarter with a 0.4% increase.The Conference Board of Canada predicts that housing prices in Edmonton will increase from five to seven percent in the short term although lo ...
Full Article...
posted in Market News
at Wed, 06 Jul 2011 15:27:09 -0600
Edmonton, February 2, 2011: According to the REALTORS® Association of Edmonton the average price of housing increased slightly in January as compared to the previous month. The all-residential average price rose three quarters of a percent to $310,766; up from $308,497 in December. Single family homes rose a quarter of a percent while condo prices dropped just over one percent during the month.Residential sales of 735 were on par with December sales (834) and sales in January 2009 (775) but off ...
Full Article...
posted in Market News
at Fri, 04 Feb 2011 13:29:26 -0700
Single Family and Condo Prices Slightly Lower in December
Edmonton, January 5, 2011: The average price for a single family detached home in December was $355,270, down about $10,000 as compared to the price in November. The average condo price dropped less than $6,000 to $223,454. The marginal price reduction (down 2.7%) continued a SFD slide that started in June when average prices were over $390,000. Condo prices peaked at $252,700 in April and have continued a relentless march downward since ...
Full Article...
posted in Market News
at Fri, 14 Jan 2011 15:53:47 -0700
Friday, December 3, 2010
-
Housing prices soften as sales bump up
Edmonton, December 2, 2010: The average price of a single family detached property in the Edmonton area continued to soften in November. According to the REALTORS® Association of Edmonton, at $362,657, the average* SFD price was half a percent lower in November than it was in October. Compared to a year ago the price was down significantly by 2.5%. November condo prices also took one of the biggest drops this year with the average price down 2% to $229,603 ...
Full Article...
posted in Market News
at Fri, 03 Dec 2010 16:17:47 -0700