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! o- ]: F0 l* b9 ?# xEdmonton
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) S; o j- ~0 w/ a9 YSingle family homes sold through Multiple Listing Service averaged $413,488 in April — 3.77 per cent higher than March, when prices had increased 6.7 per cent over February. The average price a year ago was $265,557.5 J& B0 a! n6 k2 t- r
7 S( M1 O9 S* q) ^* KCondominiums jumped 5.8 per cent after a slight drop in March to average $261,044, while duplex and row house prices were up 5.49 per cent to $341,083. , _/ p' r! q5 U2 ]3 p7 T
! b0 [* I1 H' N3 ]There were 3,232 residences listed, 2,441 sold, and inventory increased to 3,151 units. The average time on the market was 22 days. 4 s& ^0 d$ e( ?9 `0 [: y
/ w& ]7 a# T" u) x8 RThe southwest continued to boast the highest single family home prices at $534,760, up from $368,846 in April last year. St. Albert was at $491,616, up from $308,625, while West End prices were $479,477, up from $294,890.
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}+ ~) ?8 q1 ?3 N7 {3 E* m1 e" uThe least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182.
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Total sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.( h2 S3 w; ^( M
* m! n3 v# T; VSales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.
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! Z0 }0 F9 B4 x; _, O& h7 k0 k( GMore than 30 per cent of last year’s home sales were in the second “moving" quarter and Pratt expects that to continue despite the price increases. |
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