PA housing market looking strong for near future
Despite a cooling off period in the winter, the Prince Albert area’s housing market is strong, according to stats from Prince Albert and District Association of Realtors.
“Homeowners are lucky to know that their equity is growing, whether they live in Prince Albert, Saskatoon, Regina, or pretty much any city across Canada,” said Alan Vogt, the association’s president.
The average sale price of a home in January 2008 was just more than $156,000, and in 2011 it was $182,781, said Vogt – a 17 per cent increase.
“Into January 2014, just listed this a few months ago, average residential sale price is $204,444. So, it shows a good, strong, stable market with housing in Saskatchewan and Prince Albert,” he said.