You know sales are drying up when…

Wow…..begging for a low-ball offer.

I guess you can’t blame them for being desperate.  150 km to the north, Edmonton houses have been bleeding over $2000 a month since mid 2007.  They’re now almost $90,000 below their peak.

150 km to the south lies Calgary, where prices have fallen $25,000 in the past few months.

Expect to see more of this as homes get harder and harder to move.

 

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