Edmonton Home Prices Levelling Off...Temporarily
Posted by Chris Proctor on
Here’s some welcome news for Edmonton first time home buyers: housing prices are “levelling off” according to industry experts.
Referencing a Royal LePage report, the Edmonton Journal noted that for the third quarter of 2010 (July, August and September):
· Edmonton and surrounding detached bungalows averaged $311,429 – or 0.9% higher than last year
· Edmonton and surrounding two-story houses averaged $338,571 – or 3.4% higher than last year
· Edmonton and surrounding standard condominiums averaged $204,167 – or 3.6% lower than last year
· A standard condo in Clareview averaged $160,000 – or 11.1% lower than last year
· A detached bungalow in Clareview averaged $250,000 – or 9.1% lower than the year before
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