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.
4 u( J; w3 _) Z5 |5 ], P. U) U5 n
5 r1 ?) [, j2 B( WSingle-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277.

Edmonton house prices now are down $50,000 from their May peak of $426,028.
3 B# k# h5 o0 Y# C6 {3 e
The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.
( z" I" P1 o' h
The average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.

"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."

( T: j! G/ L$ ^During November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.

Pratt predicted that inventory will continue to fall and that prices will rise slowly in the spring.

giss

9 O' p. E8 u+ G3 b: E) S狂砍价的后果终于出现了。

dezhongxiao