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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.
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Single-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277. 1 J- C+ U$ T4 U. \: C& R# p
/ Q# L4 v1 U; q9 U5 T, A) xEdmonton house prices now are down $50,000 from their May peak of $426,028.
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0 x7 e3 v. a. `% y& S+ @( PThe volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.2 V" \9 n I: ~' u$ ~; f1 y, N
, S# n' Y7 w# S( b6 [0 o/ z% ZThe average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
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"The current market is very price-sensitive," Carolyn Pratt, president of the Realtors Association of Edmonton, said today. "If property is not priced right for this market, it may languish in the listings."
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During November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.$ w- {- C; ~/ j# D3 K# }4 j3 _. ~
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Pratt 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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