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Edmonton housing prices have largest one-month drop in city's history
0 g* @5 P. C% [Edmonton Journal5 r3 y8 L8 F. S+ C: \ v9 t
Published: 12:09 pm+ J5 ] d+ _ F0 C- i
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.7 x( a# H: G2 t* }5 a4 D, A. j
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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1 g6 A" `% G& KInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.. t; a# b4 D# j/ V- o c
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One year earlier, inventory was just 2,138 units.- M) Y' N/ ]! T: w5 _, y+ n
]3 h4 |/ P1 VWhile 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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& r( v ~, `' T( mPercentage-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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8 H0 I" X' } v; r3 Q( r7 q© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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