July 2011

Found 1 blog entry for July 2011.

st_357As reported by the Edmonton Journal, last month Edmonton home sales jumped a healthy 7.6% compared to a year ago, according to the Realtors Association of Edmonton. In total, the June housing market saw 54% of listed homes sell for a total of $584 million (1,768 sales; 3,260 listings).

A couple of key factors behind this boost in sales are, of course, the hot Alberta economy and those good ol’ historically low interest rates – which make home ownership a reality for many people, especially first time home owners and former renters. 

However, another factor that is boosting home sales appears to be a slight dip in average selling prices, which further makes ownership affordable and attractive. The average price for a single family home fell 2.86% in

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Patti was an excellent realtor. Responded to my questions and concerns in a timely manner and answered them honestly. She was realistic in discussions about selling our home and gave us the facts of how the number came about. Patti knows what she is talking about and our house sold within two weeks. I am very pleased and happy with the purchase of my new home and appreciate Patti's time and efforts she put into finding the perfect fit.

- Debbie Fornal

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