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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.5 C4 d5 I6 u: T+ [6 u; ~
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Single-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277.
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: n R8 W: t) a7 @- E4 c/ _$ YEdmonton house prices now are down $50,000 from their May peak of $426,028./ h6 m6 o/ ~+ ]; _& ]
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The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.5 n Q. ]+ \5 S% ?
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The average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.* {: r1 J$ ?3 y( {( D( S; w
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"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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3 S; m! W% R3 b$ ~During November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.
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- m" i( D9 t/ ^0 k" _6 h! a8 gPratt 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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