鲜花( 0) 鸡蛋( 0)
|
EDMONTON - Edmonton home prices dropped an average of 6.5 per cent in November from October.
& b. l$ d# U5 }. _2 `7 b( `1 ~/ v. ^/ A; U* ]' Y
Single-family houses fell 5.3 per cent to $376,267 while condos were down four per cent to $252,277. " }/ q M3 A! E r, W) V# p
3 H e( `. q6 O8 s5 ?
Edmonton house prices now are down $50,000 from their May peak of $426,028.
& Y H- s# L5 C/ U5 Q0 W9 T3 Z
) t; B! f5 Q o2 tThe volatile mixed category of duplexes and rowhouses plummeted 15.4 per cent to $311,193.
9 x& D4 j2 @: _' i, Z
" U0 x6 W' C3 Y5 |6 c) i0 JThe average for all housing forms, $325,060, is still up 15.1 per cent from November 2006.; R9 G2 @# m" w. @& {* v$ p/ D) m, X
( _( x- ?7 B3 o' `' f* 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."
& ~0 X) U9 n6 C
f2 u% x& v9 k, l9 [# ]$ i. XDuring November, residential inventory dropped to 8,667 properties from 9,577 a month earlier.
2 ?8 u4 x8 l! T/ T
* C: ]1 X3 s- e* a/ U3 t; p+ w9 V) ?Pratt predicted that inventory will continue to fall and that prices will rise slowly in the spring. |
|