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Edmonton housing prices have largest one-month drop in city's history
( K' f ~* F# }. M) cEdmonton Journal: u! Y+ ]5 i) l! c5 [
Published: 12:09 pm2 r+ N; }% u4 p) f" O* }' c
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
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( V# V; q R* A! d1 JThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.7 _; {, C F# x. L4 g. @
4 P: d8 C/ _, T. S4 i$ PInventory 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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( n% s- [) g9 h/ K4 [, lOne year earlier, inventory was just 2,138 units.
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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.2 T9 v' u- x1 q
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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.; N% b' `2 m6 ?& c8 `
, \% T! `2 ?! ^% fPercentage-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.+ C" ?* |1 M% L; c# ?
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! K t( P- p7 r© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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