February results were posted just moments ago and things are looking very strong indeed for Edmonton real estate this spring! The average house sold for $369,573 in February, up 1.4 per cent from January, or 5.6 per cent from a year ago.
“While prices remained stable through February, the increase in sales activity indicates that there is a demand for housing in the Edmonton area,” said Larry Westergard, president of the Realtors Association of Edmonton.
There were 1,184 housing sales in February — up 33.9 per cent compared to January. This number was up 7.6 per cent from a year earlier.
Read the full article from the Edmonton Journal here and stay tuned to this blog for our monthly Market Report!
