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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.2 t3 u/ R g: N4 ~' x: w4 X8 ^
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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 Y2 Z. A6 K1 ^( I# o( ]' d6 \+ O
0 U3 m% q9 ?6 k, S6 EEdmonton house prices now are down $50,000 from their May peak of $426,028.
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The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.% L# q/ G. y) v) x
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The average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
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' Y* V9 Y, j" f. J% p. H5 C"The current market is very price-sensitive," Carolyn Pratt, president of the Realtors Association of Edmonton, said today. "If property is not priced right for this market, it may languish in the listings."& v" }% F- U! O' J% U
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During November, residential inventory dropped to 8,667 properties from 9,577 a month earlier. L& K6 p$ ~" O6 I2 j6 x
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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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