Edmonton home prices dropped an average of 6.5 per cent in November from October

bole

EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.

1 a7 K( g% R9 E6 W0 GSingle-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277.

# \; }; h% t' r. ?Edmonton 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.
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6 m  Y0 d  ^( P. sThe average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
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; C' |6 ?& p. X! Q2 O- e"The current market is very price-sensitive," Carolyn Pratt, president of the Realtors Association of Edmonton, said today. "If property is not priced right for this market, it may languish in the listings."
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# k+ }$ g  R; ]) a2 Y( LDuring November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.
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Pratt predicted that inventory will continue to fall and that prices will rise slowly in the spring.

giss

狂砍价的后果终于出现了。

dezhongxiao