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Edmonton housing prices have largest one-month drop in city's history6 o* N" J" F4 y+ T
Edmonton Journal! P, _6 }& o* e, C/ \ K! t
Published: 12:09 pm' n4 C- C6 H7 }* p$ o
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.$ S2 w7 m& A5 F; w% Z
1 y& g- C; w# s9 eThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.( u3 h0 }% X) r4 C' H
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold." L) _& N; V4 ~3 ?5 y8 B! k5 [
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, V/ f, J( `8 @- _One year earlier, inventory was just 2,138 units.
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6 A7 w* b/ T7 `* }$ |1 RWhile 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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9 ^) j: y, o8 C' 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 $10,720.
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) s0 |) @$ M6 `© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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