Average home values in Edmonton up 1.3 per cent

EDMONTON – Civic property assessments are being mailed out this week, with the typical single-family home in Edmonton now valued at $364,000, an increase of 1.3 per cent from July 1, 2011 to July 1, 2012.

That compares to a drop of 1.7 per cent last year, but is relatively stable compared to the nine-per-cent spike in 2010, and two consecutive 10-per-cent declines the years before.

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