Lethbridge home prices on the rise, according to Alberta Real Estate Association

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Lethbridge home prices have seen a significant increase over the last year, according to the Alberta Real Estate Association.

The association's September report indicates the average price for a residential property last month was $366,628, a 12.5 per cent increase from September 2022.

"Obviously, the interest rates have gone up slightly, and surprisingly still the home prices have gone up." "People are generally purchasing higher-priced properties, and I think that's in part what's driving some of those gains."

 

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