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Edmonton housing prices have largest one-month drop in city's history$ S* p$ v) q; o5 B. @- D. f- I
Edmonton Journal
% c u, h' n# N2 ^3 L% s9 WPublished: 12:09 pm
/ S+ L" e7 ~' X. p( z1 JEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.% P3 F& U2 Q& ]+ ]+ e i
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.( [2 N9 T1 D. c' c
( Z% @5 p" v( [3 z* nInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.3 V& ~# s# M+ j0 X
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5 z/ x- E5 ]( aOne year earlier, inventory was just 2,138 units.
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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.
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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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/ W) G6 y) d- m: ^& @' A5 pPercentage-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 $10,720.) o+ W4 I7 d3 ~) q5 U- M
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2 x- G$ ^ Q% Z6 j; d6 P© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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