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.
0 c" U. I* @( q% R
Single-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277.
4 r" N' n# g3 z$ ^
; \' o, c+ e/ K8 U7 n# F2 E% @Edmonton house prices now are down $50,000 from their May peak of $426,028.
/ {% p) J) D' s, z
The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.

1 s: ~9 y; u" T! T+ |7 B/ |/ ?The average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
0 `7 S/ }  C, [; ?/ q, x
"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."

+ @- X# r4 q0 z" u& ADuring November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.
1 t+ a6 [% ]9 b& f" g( G6 Q6 q
Pratt predicted that inventory will continue to fall and that prices will rise slowly in the spring.

giss

* G) s7 [, |/ W$ H: C1 M狂砍价的后果终于出现了。

dezhongxiao