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Edmonton housing prices have largest one-month drop in city's history
( d3 C* N$ W! v$ cEdmonton Journal0 A( _( F5 ?( K" z' G
Published: 12:09 pm
; q, B# M5 s3 J& `7 b/ sEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.1 A/ c) ~2 }7 _1 X8 {% y
0 L6 i! D! b$ x! r3 @! v' Y, }The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.1 m+ z0 i# V, j
( |0 v6 p' j. U9 z6 ^+ s+ QInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold." u! p {& m) _- P. l- O
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/ R) n# B) r2 \4 TOne year earlier, inventory was just 2,138 units.0 H C H0 i, X/ G1 z
1 E5 Q. a1 T, ^" L* K) zWhile 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., ?+ E5 O# o/ l
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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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/ D6 t) z8 ? a7 ?; n& DPercentage-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 $10,720.7 R. ]' [0 [, a- q! p
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/ O* F$ q3 Z5 I( ?© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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