Edmonton housing prices slip

水管工

Edmonton housing prices slip
5 t1 R$ D7 t. d$ rBill Mah, edmontonjournal.com
$ [6 A% ^: G2 g( [- J2 CPublished: 1:42 pm
( w$ m2 F; @' }/ f3 F2 VEDMONTON - The average price of a single-family house in the Edmonton region dipped slightly in April, after three months of small increases, the Realtors Association of Edmonton said today.

Detached houses sold for an average of $386,033 last month, down 0.4 per cent from the previous month. Single family house prices are down 6.6 per cent - or $27,455 - from April 2007 when the housing market was still simmering.
3 e5 j3 ]  v6 K( s7 e+ a. w- G) I
( ?& R8 ?7 q/ w. E5 k"The Edmonton housing market is stable, and buyers and sellers seem to be coming to a realistic view of housing prices," said Marc Perras, president of the Realtors Association of Edmonton.
+ S& C. u0 i) A2 N- g( {
- r( z% o1 a$ V+ U2 R"While the typical sale is completed at 97 per cent of the asking price, many sellers have had to reduce their price to find the level that would attract a buyer."

The average price of a condo in April - $256,947 - also dropped by 2.3 per cent from last month.

. o! _& [- o3 P6 X# XDuplexes and townhouses sold last month bucked the trend, selling for 2.3 per cent higher than last month, at average price of $316,065.

April sales of all types of homes through the Multiple Listing Service was 1,823 transactions - down about 25 per cent from the same month last year. But April sales were still higher than the more typical years of 2004 and 2005, the association said.
  B) W$ C7 I% s
" X: U8 c& e) j+ ?+ e( FThe days a residential listing stayed on the market in April was 52, more than double the same month last year when it was 22.
# E, L/ ^+ j% K; L
bmah@thejournal.canwest.com




) {2 ?4 {/ l0 ^9 T  S/ c  v6 a© Edmonton Journal 2008

zhucalvin

中国狼

白水