October home sales hit a 5-year high
Edmonton Journal
Tuesday, November 05, 2013
The Realtors Association of Edmonton says youthful buyers were responsible for the highest October home sales in five years.
"Total annual sales are the highest they have been for five years and we had the best October in five years as well," said association president Darrell Cook. "The youthful nature of our city and good job prospects means the demand for housing remains high."
Residential sales, not including late-reported transactions, totalled 1,346 in October for the Edmonton area, up seven per cent year-over-year.
The average selling price for a single-family dwelling was $397,613, up 2.5 per cent year-over-year. The average condo selling price was $235,680, up two per cent from last year.
© Edmonton Journal 2013
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