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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.6 e2 G+ s5 F+ j" R$ l9 y7 w
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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.
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Edmonton house prices now are down $50,000 from their May peak of $426,028.
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3 D1 |1 c8 Z: `" w+ \4 V6 N) u" w7 d8 p `The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.: S' e' Z2 @8 B: j
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The average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
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& i8 ^) A# N4 I- C9 l* n"The current market is very price-sensitive," Carolyn Pratt, president of the Realtors Association of Edmonton, said today. "If property is not priced right for this market, it may languish in the listings."4 L: P& x# i) R
3 ?# z5 S- C$ h/ Z6 fDuring November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.3 u. V4 P- W" V! I% N: B
w9 a1 n, @: zPratt 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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