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Edmonton housing prices have largest one-month drop in city's history
g, ~9 j l* a' v, TEdmonton Journal. ~: ^3 p0 c. ~2 y: K' h6 O5 I
Published: 12:09 pm
7 ?9 x0 v+ K- V+ L, UEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.4 m: k& v) s8 Z' a
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.* g, k! ~; X3 `7 S# W
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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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1 ?% T, t) {; \; ~- Z/ ZOne year earlier, inventory was just 2,138 units.
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* [% Y, m d }( I/ l; H1 iWhile 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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7 M7 k1 U3 C8 _+ a; k( l% AAverage prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.5 R' P$ {1 M: T, A. c
4 ~! M7 e& v1 U9 K1 ~/ U! 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.
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+ S4 a* B% ?0 c2 I1 \© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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