Edmonton Real Estate houseing prices to stay steady for 2011

Updated: Wed Jan. 12 2011 12:49:28

The president of the Realtors Association, Chris Mooney addressed thousands of Edmonton realtors during the annual Realtors Housing Forecast Seminar and said that he predicts that housing prices will say steady for 2011.

"The average price for single family detached Edmonton homes over the entire year was up 2.5 per cent in 2010 And for the second year in a row, condo prices are expected to remain flat with no significant increase in the year-long average price.

Realtors Association of Edmonton predicts buyers can expect to pay an average of $240,000 for a condominium next year, which is about what they would have paid in 2010.

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