[Burninator]

Home-price slide in double digits

Median sale prices for single-family homes in Calgary have plunged in the range of $45,000 to $66,000 in September from their peaks just over a year ago.

Data from Calgary realtors Gary and Mike MacLean, of Re/Max Real Estate Central, also show the median sale price for a Calgary condominium has plummeted by $44,000 from its peak.
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In the single-family home market, the average sale price was $444,048 while in September 2007 it was $470,888 -- a decrease of 5.7 per cent. The median sale price also dropped by 6.06 per cent to $395,000, from the $420,500 a year ago.
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In the condominium market, average sale prices in September dropped by 10.6 per cent to $287,426 from $321,614 a year ago and median prices decreased by 11.7 per cent to $265,000 from $300,000.


http://www.canada.com/calgaryherald/...2-da0b07708ecc