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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.: S* @5 s; q) f0 H, n* h- y
( q* E8 P F% s- v- v6 b1 aSingle-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277.
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2 S: n! V# j, C: d: v1 a& HEdmonton house prices now are down $50,000 from their May peak of $426,028.
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9 O3 B/ X0 ~" b9 kThe volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.4 y& N! T; N+ j! Y2 _5 I0 u0 [
' W) |4 z: c$ [ ~, G4 Z4 X/ kThe average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
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0 P, b) t" O+ d1 c"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.", q3 ?* T8 Z/ j H3 d! B/ o% J" V
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During November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.
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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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