Edmonton home prices dropped an average of 6.5 per cent in November from October

bole

EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.
3 d4 q1 {5 }  o7 i/ w
- R, V! ^6 o" qSingle-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277.
2 ]. |+ O& d2 D+ G- ~4 J0 W4 n
Edmonton house prices now are down $50,000 from their May peak of $426,028.

0 r4 V$ k. ?1 T6 ?; v2 hThe volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.
; }: K8 z* Y4 ~
The average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.
. a' A: k; X* w. A7 m
" y2 I1 `  O6 f  z0 O6 L"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."
: a& T4 E. V! W. m
During November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.
# i. d3 q/ \/ u" e' Q* H- @
Pratt predicted that inventory will continue to fall and that prices will rise slowly in the spring.

giss

狂砍价的后果终于出现了。

dezhongxiao