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Edmonton housing prices have largest one-month drop in city's history
0 I3 W5 B3 i3 I# SEdmonton Journal) O# x7 Y" U. b8 u1 Y/ ^; V5 V
Published: 12:09 pm
& \- K0 s6 L% R, u3 O& xEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.5 }4 Y7 B/ X6 x4 M0 a7 Z
* ] g+ H1 [3 ?: Y4 H6 _The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.& p( r: U1 Q1 F
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4 U1 }4 A$ h. Z4 _* @, S, [One year earlier, inventory was just 2,138 units.
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' ]9 _0 @7 v9 y! d2 e- k8 \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.
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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.- H) f; U/ K( k
% D E, o! a) y+ P% s# yPercentage-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.
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" z9 \# ?( c2 R- n; i. x© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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