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Edmonton Home Prices Edge Up 2.2 %

EDMONTON - Real estate observers expecting fireworks need to look outside of Edmonton, says Doug Singleton.

“You know, it hasn’t been too exciting. Let’s put it that way,” the president of Realtors Association of Edmonton said Tuesday. “We’re on a very steady course. I would call it a balanced market.”

“It’s not news-shattering.”

The association’s first quarterly report for the year, released Tuesday, backs him up. The average price of a residential home sold through the Multiple Listing Services, which covers a substantial majority of Edmonton real estate activity, grew 2.2 per cent from March 2011, reaching $335,187 last month.

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