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Edmonton housing prices have largest one-month drop in city's history4 Q' y6 u" T* {* p- J
Edmonton Journal" M9 t$ }7 ^# M/ S8 f
Published: 12:09 pm
. ~5 M" i8 v8 P, ~/ P3 ZEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
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( r: M' i) j7 o* s4 QThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.1 `+ ^5 x. A9 p
+ ?+ E- Y, H# t! {7 | DInventory 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.3 l+ J6 E/ M& b, A1 O! j- \
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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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# u9 ?! ^' v9 Z0 J# XAverage prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.9 n$ d% g" U* {, ^
8 z2 M q5 v. ^+ I0 IPercentage-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 $10,720.9 G2 _! V ?. J' k; m
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© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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