 鲜花( 0)  鸡蛋( 0)
|
Edmonton housing prices have largest one-month drop in city's history8 _) |- _" _; g+ O/ G' R0 X0 S0 L
Edmonton Journal4 O, c9 j8 }! W s3 |; n7 P
Published: 12:09 pm# k1 A# D+ U* B' ^
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
/ O# z& V9 I, m1 t% D% f4 y+ N$ p! _: |8 |! j$ D
The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.. E) x. [' c/ R" X3 w
" O! u: c' R+ }) QInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
3 y+ `- g# [! O7 S9 X5 V) a$ F q. V, x4 |- N
) f2 n( [ \/ ?! E) B0 p
One year earlier, inventory was just 2,138 units.3 G. q# }& i5 {/ @
* T9 B& R" G5 b& Q! NWhile 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.
* d# i. A4 P6 w2 d W
6 N( P, {9 x2 T0 }. fAverage 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.
7 L' f" Q- T! b( L2 {: E' }
; ~' C. M' n8 f5 j; r) Q& BPercentage-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 $10,720., b0 Y h. ?& ?3 f) f! i* J
1 _2 z) \9 ~+ U( }: v! O3 |3 f8 F; I6 @; [) A
7 @7 C7 s8 I2 A f4 L H7 h. H3 I2 _; y2 i9 u$ \1 X5 p
© Edmonton Journal 2007 |
|