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Bill Mah, edmontonjournal.com6 j( [: w7 l3 j: W1 o/ O* E# y
Published: 9:53 am: i1 D/ r5 F" j# u. r, y
EDMONTON - Prices for new homes in Edmonton fell 5.3 per cent in July compared to the same month last year, marking the biggest year-over-year drop in 23 years, said Statistics Canada today., j- S) l$ {- z: b7 s3 p6 F' A- `% t
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Edmonton's cooling market showed the biggest year-over-year drop of any Canadian city. + {5 e+ d' w: Y& C; j; e
6 c5 q0 |0 R- W8 C1 G: `# {Compared to June, Edmonton new home prices nudged downward 0.2 per cent.
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Calgary saw a 0.3 per cent slide compared to July of last year.6 y& x8 P' D2 m/ y7 E ?. B' e
9 R+ ~- ?5 f9 G0 {"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said.
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. Y4 Z& I+ }2 S# G& ~: iEven heated Saskatoon posted a slower annual increase of 13.1 per cent, "further confirmation of a trend of deceleration in this city. Many builders reported increased prices as a result of higher material and labour costs," the agency said.: m, d4 H5 Q& `' j$ S& W) B1 E
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The fastest pace was in Regina, which saw a year-over-year price increase of 29.6 per cent, down from its record rise of 34 per cent in April.
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As the market continued to cool in Western Canada, prices for new homes rose nationally at a slower pace in July for the sixth consecutive month.! v0 m6 e% I: [/ r9 p! Z
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Prices were up 2.7 per cent in July from a year earlier, down from June's annual pace of 3.5 per cent. On a monthly basis, prices edged up 0.1 per cent between June and July.
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"The growth rate of the index has been on a downward trend since September 2006," the agency said.
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' V; W+ ~" j- X6 fWith files from Canwest News Service
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8 ?- u' p4 Y# Gbmah@thejournal.canwest.com8 H8 p/ |+ ?$ h) X# }
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© Edmonton Journal 20085 f5 Q* i6 f* D. E8 @ j& ~
9 B3 }5 P# }9 @[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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发表于 2008-9-11 09:08
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