 鲜花( 0)  鸡蛋( 0)
|
Edmonton housing prices have largest one-month drop in city's history' R; a& k n7 M% Q
Edmonton Journal
, g2 ?/ f; ]/ X3 |. R2 pPublished: 12:09 pm
$ f! @, M$ _- u9 V3 b* ^Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history. @4 z7 H4 G( X
" j0 v7 ]9 B" xThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
% r; o* F* Q' A2 k: }) I/ ?9 @1 ]$ }/ x7 Q( f/ U& Z5 [% S$ Q0 a
Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.7 P8 K j' P: H( s& v
) S- S7 [& c5 c" ?' [* Z0 M1 s
" t6 R" d0 A4 y. e* e K* VOne year earlier, inventory was just 2,138 units.
2 p0 T3 v4 t$ w+ h. S W, ^
# E: V# w! o' M) P1 s; i* E& mWhile 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.! l. G5 u6 S$ [' W* x9 h8 A
6 ?. W; T% q( i7 B9 n
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.
V6 s) F+ V& F5 E; u, Y# v% p7 e! k3 `+ X. ]% n. ~0 O, ?
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 $10,720.& n1 q0 B. c! S# N& g$ f
3 i. @1 u; l$ l
+ q4 _7 ^* e* e: ~5 x1 @
- k, n3 W& }& ^7 }/ C$ v C2 q* @* U( H
© Edmonton Journal 2007 |
|