"Pipelines continue to weigh on the economy and real estate market. Weak sales and rising inventories have led to price declines in all market segments. For some, this may be a good time to step into a home that was previously out of reach, but overall consumer confidence will only improve when there is greater stability in the energy sector." Susi Woulds, Remax Landan
November Market Data:
. Total Sales: 1,171, down 16.95% year over year.
. New Listings: 1,914, down 7.13% year over year.
. Total Listings: 6,501, up 14.39% year over year.
. Average Days on Market: 63, up from 52 last year.
Benchmark Sale Prices:
. Detached House: $486,000, down 3.44% year over year.
. TownHouse Condo: $321,800, down 3.39% year over year.
. Apartment Condo: $252,800, down 2.17% year over year.