QUOTE (JNB @ Nov 6 2010, 08:56 PM) Just looking at the Edmonton MLS and I can`t help but notice the resale price...Am I seeing prices dating back 2006 - 2007? Wow! It has gone down. Is this just seasonal effect or what...
that is GOOD NEWS !!
Prices were quite high then !!
(not good news when you bought in 2007 where they were even higher, of course) !!
We sold quite a few assets in 2007 .. into the boom .. and are just now entering the Alberta market again after a 3+ year absence of buying in Alberta .. as I see them rising again across the board in Alberta !