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Edmonton housing prices have largest one-month drop in city's history2 F' U% M9 r" G
Edmonton Journal
! L0 n( S8 B1 W3 s% z! yPublished: 12:09 pm. t- T# n- Z# h0 @/ b7 q
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.- F7 q5 X% N: O: g) L% m
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
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7 E1 r u6 n8 P/ ROne year earlier, inventory was just 2,138 units." ^3 q% ~8 V! o0 `! t% r$ t
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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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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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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.) J. o5 i( z/ e8 e5 J' M. n
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1 C2 Y! D+ |+ \8 \7 k2 z2 [; M© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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