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Edmonton housing prices have largest one-month drop in city's history' W( h+ [! e' }4 H, X. ?; l: m' |
Edmonton Journal( G. E# g- @4 M2 a1 m
Published: 12:09 pm
! }+ a8 U' q5 n8 x, YEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.' t+ {. ~6 s8 ~' Q* n
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
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" n& S$ L. H$ z: K7 zOne year earlier, inventory was just 2,138 units.
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$ D- R- C) ^' \) @) h+ g2 HWhile 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.; f2 I5 o4 `& |& s! ]1 X: o
9 N# ~( d" ]4 _8 D- H# HAverage 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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u. ]( G1 J! n. m& s) l+ w5 y# i5 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.
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; @ Y3 ]! F) ?© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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