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Home sales continue to increase into 2018

Last Updated Feb 9, 2018 at 4:22 pm MST

PHOTO. http://www.fmreb.com/

The housing market it looking up for Fort McMurray.

A report from Fort McMurray REALTORS® showed homes sold in January 2018 nearly tripled compared to the same time last year.

REALTORS® said this could mean the return of buyer confidence in the region.

The average selling price for a single family detached home has also decreased by 5.42 per cent.

January’s average selling price was $572,668 compared to an average of $605,495 in 2017.

Duplexes on the other hand saw a nearly 11 per cent increase in sale price.

Complete statistics can be found here.