Edmonton resale housing market "sizzles" say experts

Edmonton realtors have seen strong sales of homes through the Multiple Listing Service in the last three months. In September, residential sales increased 65.9% from the same month in 2007 and continued year-over-year increases in July and August.

"Edmonton may be the only housing market in western Canada that has increased sales in the third quarter," says Marc Perras, president of the REALTORS Association of Edmonton.

"After peaking at record sales numbers in early 2007 the market slowed through the first half of the year. But sales have certainly picked up to the normal range and surpassed same month sales from last year."

For more information, see the association's website.

Image courtesy of www.freepixels.com

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