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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.
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* [$ s* C2 Y9 \' \: YSingle-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277.
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* k5 p, J1 B# o1 FEdmonton house prices now are down $50,000 from their May peak of $426,028." a" \/ A% O* }; B$ T/ ^
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The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.
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The average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
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" ?& }( M/ `$ U- B" |- ?7 @"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.") Y; W6 m, T7 F0 ]: Q) A
" W& H+ N2 T0 y" v9 {During November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.
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0 R* q# q) w* c. G/ C2 qPratt 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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