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Edmonton housing prices have largest one-month drop in city's history% R. [9 l, m7 f( b* h
Edmonton Journal( g8 Z. z7 ^3 H
Published: 12:09 pm
. v$ K) }! E" ~) V5 \5 B, HEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
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& g' ]2 A# l! f; U# x* ?5 U, WThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.4 J( ?; m5 t. H2 E# }; F7 f8 G
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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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One year earlier, inventory was just 2,138 units.. t2 w% K2 n9 ]
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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.4 S; F6 B6 N1 z6 q& y! f, F3 W; a- r
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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.1 `) O: W% v; t5 j C p
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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 $10,720.8 {. s2 O6 m9 T5 F+ x" ]
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& Z2 G% j$ M# }. q Q( i5 o& I6 h% W© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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