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Edmonton housing prices have largest one-month drop in city's history
% c7 R5 A% `/ I7 G& f" JEdmonton Journal p. K+ p4 ] r, ?7 O n
Published: 12:09 pm
- w0 T" j4 x# m7 \3 JEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history. l/ v$ e* q0 {! \4 I* S* ~4 g
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.8 |$ R2 |: c! E) s. A
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2 `+ g6 ?4 m# x' EOne year earlier, inventory was just 2,138 units.
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$ H* h2 Q1 {6 RWhile 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 $10,720.& R3 f y6 k; Y* G( x- t+ }
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4 r7 v/ F$ j/ s5 T. j' ^© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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