The REALTORS® Association of Edmonton released their annual housing forecast on January 9th at a seminar at the Northlands Expo Centre attended by 700 REALTORS® and business people. A-Squared TV broadcast the entire event via live webcast as President Darrell Cook forecast that the value of MLS® sales in 2013 will increase by about 3% for the year after sales of $7 billion in 2012. This is based on a three percent increase in the number of homes sold and increased prices. Cook expects that single family homes, duplexes and rowhouses will increase on average by 2% while the average price for condos will increase by one percent next year.
For a more detailed look into the forecast watch the archive of the live webcast we produced on January 9th… http://www.youtube.com/watch?v=tqo3ME_osZU