Current market update
Thursday, November 24th, 2016Time for the latest Alberta Real Estate Market update – I am happy to report that Alberta has seen home sales increase year over year for the first time in over 2 years! According to the Alberta Real Estate Associations latest statistics, Alberta completed 4527 home sales last month, compared to 4327 of 1 year ago. Additionally, the average home price is up 1.9% from the same month of the previous year; the average price has risen from $384,381 to $391,692. This is great news, and may signal the beginning of increased sales and growth over the months to come.
