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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.
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Single-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277. 6 E& f( i; `7 h5 K s+ z% {
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Edmonton house prices now are down $50,000 from their May peak of $426,028., \# _# R4 z1 K5 a
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The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.
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9 t$ ^# g8 J7 F9 AThe average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.) l, Y/ E+ y- L+ [
* M- {5 m4 N, q"The current market is very price-sensitive," Carolyn Pratt, president of the Realtors Association of Edmonton, said today. "If property is not priced right for this market, it may languish in the listings.") }" x- ^" Z7 @+ k$ |9 s; w4 X
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During November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.! z7 P$ y/ ^! n
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Pratt predicted that inventory will continue to fall and that prices will rise slowly in the spring. |
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发表于 2007-12-4 12:22
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