Edmonton housing prices slip

水管工

Edmonton housing prices slip
. A# x! i6 \& S- ]9 {Bill Mah, edmontonjournal.com
Published: 1:42 pm
EDMONTON - 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.

"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.
' Q4 A- y8 F; I9 T
"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.

9 ~( S& y, c) `7 U* q- z& MDuplexes and townhouses sold last month bucked the trend, selling for 2.3 per cent higher than last month, at average price of $316,065.

% O1 K, q! o- {+ u1 ]9 RApril 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.

6 R$ @, u4 w- V6 s! U$ f& lThe days a residential listing stayed on the market in April was 52, more than double the same month last year when it was 22.

bmah@thejournal.canwest.com
9 C* t. A% Z# P/ S
6 |$ V4 X# L6 f2 K4 `/ |7 S


© Edmonton Journal 2008

zhucalvin

中国狼

白水