 鲜花( 0)  鸡蛋( 0)
|
EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.
5 ^0 \5 [6 V: B1 a
) ~( R+ d G" q# ]Single-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277. 6 {/ F) e5 \7 K$ C
4 b; z" b# t) n* i
Edmonton house prices now are down $50,000 from their May peak of $426,028.
+ g$ E. k0 h% p* {: a& q
4 H# v6 D0 P( O0 x) a; G. X% _The volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.5 I( U0 W) M0 C
1 B/ P5 p/ A% v. d l! A# D$ ?: H5 ]
The average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
/ l7 x. k; f0 t/ k
3 H9 `3 R, I( C6 h/ V: \" g& E"The current market is very price-sensitive," Carolyn Pratt, president of the Realtors Association of Edmonton, said today. "If property is not priced right for this market, it may languish in the listings.") o g+ U" i+ k1 ^. F- T
( j; I+ R- H; ?
During November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.: B$ D: C5 a) k$ U
$ D' m [# A- U! w N- vPratt predicted that inventory will continue to fall and that prices will rise slowly in the spring. |
|