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Edmonton housing prices have largest one-month drop in city's history" L% e4 H/ M( @/ h' d3 |/ v
Edmonton Journal
" U' |# `- F, Q# [) bPublished: 12:09 pm
$ V) y5 q( q6 M7 b' NEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.9 C3 G! p& {- Y$ t9 C
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.& B6 v/ }) V3 M3 G: z6 p- o ~0 I# n
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
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One year earlier, inventory was just 2,138 units.; ^/ a) \* _6 b) i W* r! k
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While sellers have lost the luxury of bidding wars, "buyers have a lot of choice," said Carolyn Pratt, president of the Realtors Association of Edmonton - which released the figures, Wednesday.% {7 O! d$ S% A
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Average prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.
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4 P; E+ i5 ~% J- S9 ]% EPercentage-wise, home prices have fallen more steeply in earlier years. From December, 1994 to January, 1995, average prices fell 6.5 per cent to $106,645. From June to July, 1984, they fell 7.9 per cent to $75,800. From February to March, 1964, they fell 23.1 per cent to $10,720.2 b/ v7 J9 @, Q) g: w' `3 A/ F
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© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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