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.
2 Q7 o% o7 Q: C4 C" U: Q
Single-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277.
- Q: y8 k% U, F( [: x
Edmonton house prices now are down $50,000 from their May peak of $426,028.
5 M/ L1 S+ L6 ~# j& o& x2 b
7 f* l  z/ }9 vThe volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.
  @" u& B$ ~9 C) B) c7 C% E
- U! m3 f/ j; j' R' r* S) bThe average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
, S* m' P) [7 z5 z  I5 C3 c+ L
7 q4 z8 }" Y3 h( P+ w"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."
7 q0 ?8 f" ?) C
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

狂砍价的后果终于出现了。

dezhongxiao