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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.
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& q( y& I* B- oSingle-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277. & E1 r7 {& |- ~. k) y7 B# U7 \
) j/ Z$ F+ f* l5 ^+ f0 B' X* v2 |Edmonton house prices now are down $50,000 from their May peak of $426,028.1 E! E7 n) s, Q/ Q6 f5 d
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The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.; y9 L! @) ?8 C8 z
: e- r5 m) O; ?& T# z! {The average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.# a0 |4 U1 `5 p+ L5 P! _. i
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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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( M7 y: ]5 _9 c, I7 ?/ b3 W7 N1 _During November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.- M; U, O! G; c. R- s! z3 \
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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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