EDMONTON - While average resale home prices across Canada nudged upward in the third quarter, Edmonton saw double-digit declines from last year in bungalows, two-storeys and standard condos, says a report released today by real estate firm Royal LePage.
The average Multiple Listing Service sale price for an Edmonton bungalow fell 11.8 per cent to $326,429 compared to the third-quarter of 2007, says the market survey.
Two-storey houses dropped 13.8 per cent year-over-year to $342,857 in the Edmonton market.
A standard condominium tumbled 18.8 per cent from last year to $216,667.
Across Canada, the survey found, on average, standard condos rose by 0.2 per cent to $243,529.
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