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Edmonton housing prices have largest one-month drop in city's history
, B% h9 ^( ?# u" C/ KEdmonton Journal) ~* z+ e, A( ?7 H C i' p
Published: 12:09 pm
5 D$ f* K& f9 t. EEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.7 ?: P) |" t; c* P
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.* p: q U; i' S
6 o4 ?# E `0 j4 F* z( R% @. GInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.7 a9 \0 N! q+ O$ I5 B) H" a# V
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One year earlier, inventory was just 2,138 units.* T, K) }7 N/ b T2 W
6 a! v- _4 w- h+ u. N. C7 [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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6 {( H$ d$ u& `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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3 J# ]6 t- o! N3 cPercentage-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 L @/ `' m# L, a* |
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% q6 }. U0 x1 S! z. a3 W- V© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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