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Thursday, September 2, 2010 -

August Housing Market Quietens

Edmonton, September 2, 2010: The REALTORS® Association of Edmonton reports that the average price of single family property in the Edmonton area has softened with a small drop for the second consecutive month. Prices were plateaued at just over $388,000 from March to June. Condominium prices have dropped steadily from their high point of $353,000 in April and are down another 2.99%.

“Despite the two month drop, single family homes are still priced a bit higher than they were at the same time last year,” said Larry Westergard, president of the REALTORS® Association of Edmonton. “There may be bargains in the condominium market as prices are about $10,000 less than a year ago, on average.”

See Edmonton Journal Article...Click Here

posted in General at Thu, 02 Sep 2010 17:48:45 +0000

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