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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.# C( W. l6 f# j; O( c2 F2 O
% R4 |& P; |- [2 n( mSingle-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277. 8 W2 l5 E. _5 t7 I4 @
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Edmonton house prices now are down $50,000 from their May peak of $426,028.( U, q% J- j, Z1 w2 u: V7 h
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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.& e# w2 _6 n! Y. J: O
2 G+ }% b! ]) ^4 E8 Z"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."3 Z9 a& P6 I* ?: Y7 T% W# Q8 n
7 T, {- q) |& v d* v, oDuring November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.- Z; ~( b% |: y; [( c
1 \7 V9 \' J2 U! @4 DPratt 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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