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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.; o! n1 P) `: K0 j
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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. 5 O! k6 r/ X [5 q
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Edmonton house prices now are down $50,000 from their May peak of $426,028.$ a& F: x! u7 o
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The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.
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# Y7 m: K. _( y& g- mThe average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
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, _, ]) `: R* w1 S! t* G"The current market is very price-sensitive," Carolyn Pratt, president of the Realtors Association of Edmonton, said today. "If property is not priced right for this market, it may languish in the listings."* k7 U* n+ X) k0 h5 ~) {% }
( b* s! w; m2 z6 E$ rDuring November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.3 d4 G, J' F* ~& p5 r+ U8 @
c9 x) W1 t/ k: T: P$ yPratt 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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