The Alberta Real Estate Association (AREA) reports that a total of 4,927 residential unit sales were recorded through the MLS® Systems of real estate Boards/Associations in Alberta in August, down 4 per cent from the same month last year. This was the smallest year-over-year decline since December 2014.
The average MLS® residential price edged up 0.5 per cent from August 2015 to $390,615.
Three of Alberta’s real estate Boards/Associations saw an increase in monthly residential average prices from year-ago levels, while the Edmonton region average price was unchanged:
The remaining six Boards/Associations saw the monthly residential average price decrease to varying degrees from August 2015:
You can download the complete Alberta stats package HERE.