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Edmonton housing prices have largest one-month drop in city's history
) d; I. @; a. m1 y A" k$ rEdmonton Journal
! a+ S' W6 w9 q- Y5 Z& [Published: 12:09 pm/ A2 m) n+ A4 a& l: O1 u
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.5 }3 P5 o& v2 ~+ M+ |4 S$ ~
~2 x% ~& F0 Y" _& q0 l8 u; fThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July., v1 o& `1 s6 `0 s+ K
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.2 T' q6 S9 c( o4 f9 k. v) `: T) O; g
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; {, b& V( U6 t6 W u$ pOne year earlier, inventory was just 2,138 units.. N9 P! G) N' c: \
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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.
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1 H* l$ k5 N. K' J4 sAverage prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.
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6 V$ O9 G3 y. d' b1 a+ C1 R' XPercentage-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 $10,720.1 a4 c; |; \- b8 ` J
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9 F$ {' e' _2 E4 `( Z4 V© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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