 鲜花( 0)  鸡蛋( 0)
|
Edmonton housing prices have largest one-month drop in city's history
% E' c' V) [! ?# ]! D; v% f% d# d1 aEdmonton Journal
/ L$ b. a5 n6 J1 F4 iPublished: 12:09 pm5 B( z s, S) I) U/ L j: S
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
; y6 Z n' I" m% T8 `& `) n) z" | }& e. q" b# l
The August average of $344,792, for all forms of housing, was down 2.8 per cent from July., ]/ ]: l( }' `1 u" Q8 l) x; C
, A) i* v& c+ u9 Q! r
Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
% ^& z" O' E; J7 J* q" z8 _
: X5 h/ o, @4 o! i. g6 ^
, |- i4 q1 a I3 @( h7 L- P5 jOne year earlier, inventory was just 2,138 units." K% \" {3 l4 l# d# L) ~
2 n. U4 ^, `" r6 kWhile 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.
, T4 ^5 H- J: n! V& r- u1 ~& e/ N
, u4 W! C' c) Y8 xAverage prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.
' O4 o2 {$ U$ Y z% `7 p# ?
7 i0 b6 K. I% sPercentage-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.
3 X! J4 l0 `% V2 O0 W) a- ~. L; `% v4 F/ I3 v/ \" Q4 v7 m
1 e9 W7 v i0 Z, k
7 C+ D2 f+ j* V+ d H( H Q
' N/ A. H3 N+ c8 [( K8 R. c% R© Edmonton Journal 2007 |
|