Wednesday, April 04, 2007

2006 Pricing Trends Continue into First Quarter 2007

The Edmonton Real Estate Board released their findings for the first quarter of 2007. The price of single family dwellings increased 6% in MARCH.

“It is clear that housing prices have not yet peaked in the Edmonton area,” said Carolyn Pratt, president of the EREB. “The spring season is always very active for REALTORS® and we do not anticipate that the pace of price increases will slow until early summer.”