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Edmonton housing prices have largest one-month drop in city's history
$ y2 ?& C1 _# |, P+ MEdmonton Journal8 L2 P0 J% w: k
Published: 12:09 pm( E" M8 ]! k2 m' F T2 J- g
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.3 b5 b- _( f" u. f- P- O8 K( ~
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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: N% ^# ]# O2 i" e9 l& D: IInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.; s ?7 @; U$ k$ [% S# C! a
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8 ?" u/ m+ G1 }) a% B4 sOne year earlier, inventory was just 2,138 units.
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; K9 m+ u1 e' Q: j0 m8 C3 @$ ~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 $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.% e( \6 g. G* O+ S; g+ m$ ]9 ~- I
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Percentage-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 $10,720.) O- m7 T+ k; O* `9 q
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- T1 w* e; j) ?$ z# ?- f© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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