Edmonton and National Real Estate Market Returning to Normal
Posted by Chris Proctor on
After a couple of years of unprecedented volatility, the housing market across Canada seems to be returning to normal.
That’s the good news reported by the CBC last Wednesday, which pointed to newly minted statistics released by the Canadian Real Estate Association. According to the numbers:
- In November, the national average price for a home in Canada was $344,268; an increase of 2% over the same period in 2009
- The seasonally-adjusted volume of home resales climbed 4.8% in October and November – the fourth consecutive monthly increase in a row.
- Seasonally adjusted sales in November climbed 19.5% over the year’s lowest point in July.
- November sales in 2010 are closing in on the average levels for the past 4 November’s (2006 – 2009)
- …
8748 Views, 0 Comments