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.
  p4 \- t# L7 I' E- X
+ _6 {; C: E8 e1 b% Z. tSingle-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.

The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.

/ ?& N8 w. b2 b& `- O# F8 PThe 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."

2 A1 i4 F$ L2 z; d7 a1 @# o/ K- WDuring November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.

2 M" |$ v5 O) t% j* fPratt predicted that inventory will continue to fall and that prices will rise slowly in the spring.

giss

2 [4 D' [9 G- Q, v8 m6 N: D9 Z狂砍价的后果终于出现了。

dezhongxiao