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EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.
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4 Y& b/ J! Q! ~8 I1 \! B9 q& nSingle-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 U0 k9 C# ]! N) ]" G& z vEdmonton house prices now are down $50,000 from their May peak of $426,028.) ?6 }0 V1 c0 c
& U) _' Q2 {! n; b$ w% e4 J0 p9 gThe volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.
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1 P. ]! L3 q! ]! M4 M9 Z. d8 gThe average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.8 M# P& P3 h4 [# t7 v0 k
% A3 G4 O/ M2 r4 R! \# 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."- }8 d9 L( \0 Y; k; `
1 Y8 H2 g4 S5 D5 d' a* Y/ \9 i4 PDuring November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.6 C9 h" X" R/ l r ?
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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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