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Edmonton housing prices have largest one-month drop in city's history5 ?% j. c! B) I
Edmonton Journal
' |% i0 k' o! q( S/ m: S9 i& ~Published: 12:09 pm" @2 V# ^ W8 {/ f) b
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.3 S$ H, j+ T! Z M( J4 i2 |7 c
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; g+ o' S( O$ gOne year earlier, inventory was just 2,138 units. j! R0 `$ H6 g* R" k6 W
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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., k% c( r U. M" A7 x4 U" Z
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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.9 \/ j' G/ U1 J4 X0 y0 S& g
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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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m3 H! a8 D+ i# V9 Q. Q; q& ~7 g© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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