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E7 h2 z3 m( u8 lEdmonton
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: T0 }- ~+ l5 i: xSingle 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 $265,557.
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6 c+ n6 v, N I/ C$ zCondominiums 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 $341,083. o# @( _# u9 A Y M9 @1 d$ A
2 x# n+ e+ W& }& ^- J9 O' ^& ]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.
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4 C6 `/ N7 t0 PThe 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.- Y5 t/ b( M4 C' E @- R2 ?% @
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The least expensive areas were central at $285,347, northeast at $338,973, and Stony Plain, $358,182./ I, {6 f0 O/ D( ]4 I" L j. p
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Total sales, including residential and commercial, were $982 million, pushing the year to date numbers to more than $3 billion.6 P5 S# P) b; L
) n3 X7 t2 u' V. K5 s$ J M( M* dSales of 48 commercial properties totalled $34.8 million, compared with 45 properties valued at $15.7 million in April, 2006.
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More 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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