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Edmonton housing prices have largest one-month drop in city's history$ S( Z5 |7 a0 }+ ]0 k! ~
Edmonton Journal
. `: q* F; x: mPublished: 12:09 pm' }% x, V S% _$ e f
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.3 y/ w& r2 y( g3 {7 \1 J5 M
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.: e/ v# H7 T4 z; F, {! P& X A
) e% |3 a6 S1 y! r% M' `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.+ b e- E ^5 b8 U
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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. J* A) W. B+ F5 v w c
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Average prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.& x" f) [/ u; y9 e% t [0 Y. n9 [$ [
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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.
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+ c5 |/ n: @- F* `- i. u# N© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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