Edmonton housing prices slip

水管工

Edmonton housing prices slip
Bill Mah, edmontonjournal.com
9 J6 `: D8 q/ `( ~1 @0 LPublished: 1:42 pm
, m) T/ m/ }" l' e2 M, ]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.
1 J8 H8 m. d, Z6 i2 E( K" v
' ?& U' }9 }. e6 }( sDetached 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.

4 C. p, Z- D6 ]% c; B' I, o"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.
: B5 U" D# ?7 F, a& i0 J* H
"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."
3 `' v: ?% ], `( W1 a
& ]1 Y  H6 a& z- }3 ~' W; |- IThe average price of a condo in April - $256,947 - also dropped by 2.3 per cent from last month.

( B6 k0 e, A* [Duplexes and townhouses sold last month bucked the trend, selling for 2.3 per cent higher than last month, at average price of $316,065.
1 e6 E  d. [1 k. F" H* }
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.
" |6 Q# T# P9 V3 @; K
The days a residential listing stayed on the market in April was 52, more than double the same month last year when it was 22.

6 n5 e2 i, @" C0 Ebmah@thejournal.canwest.com

5 [1 x: @, H* M% _+ S& ]

. q3 b" s8 L- k' L. `0 c7 h
© Edmonton Journal 2008

zhucalvin

中国狼

白水