Single Family Sales Steady in Edmonton in August - Updated
Posted by Liv Real Estate onThe REALTORS® Association of Edmonton released their monthly report on the Greater Edmonton Area Market Today, saying: “Entry level buyers appear to be turning their attention to semi-detached product for the best value, as opposed to condominiums. Changes to mortgage rates and qualifying rules may be impacting these segments. In the current market there is significant selection for the value conscious buyer. We continue to monitor the market closely to gauge the longer-term impact of the new mortgage rules,” says James Mabey, the REALTORS® Association of Edmonton Chair. “A drop in month-over-month units sold in August is historically normal activity for the Edmonton region,” says Mabey. “But average sales prices were higher this August than in any…
349 Views, 7 Comments