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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October./ D/ f. c8 u: e$ `$ c/ ], o" Z
n9 P3 }/ b9 c4 q! x8 WSingle-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277. 2 o. Z: Z7 G8 @$ r, _
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Edmonton house prices now are down $50,000 from their May peak of $426,028.) _! j% `* k. x
) {. E; \3 r5 p, y' J+ WThe volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.( H" g0 \% S* }* W# X" D
/ ~2 B9 T Y; D% ]2 EThe average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
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, s+ c( T z8 K" I) V4 d"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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% T2 X+ u7 K: Z# L ^# k: q' J! pDuring November, residential inventory dropped to 8,667 properties from 9,577 a month earlier., v! Q( ?6 b+ H2 c
1 H: n9 K7 F! j1 h% p) ?1 U/ VPratt 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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