From the Realtor’s Association of Edmonton – 2015 Housing Forecast Seminar on January 7th.
Realtor’s Association of Edmonton – President Geneva Tetreault announces…
“The number of sales of condo, duplex and rowhouse sales will increase by a modest 2.5% throughout the region as these properties offer affordability to new home owners and income potential for investors in a tight rental market.
Prices, as usual, will fluctuate through the year but the 12-month average price for a single family detached property is anticipated to increase about 3.5%. Condominium property average prices are projected to increase at a lower rate of about 2.5% over the year due to an influx of new condominiums hitting the market.”