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Bill Mah, edmontonjournal.com7 |* j- Y( P' I5 L& {3 \
Published: 9:53 am' W+ u- P5 `2 J0 d8 G. x- C
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.
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) ^! z7 g6 {2 d3 f9 G, W# mEdmonton's cooling market showed the biggest year-over-year drop of any Canadian city.
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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.
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% P4 T% z( o/ u1 d. L"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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% v1 X! e$ V9 U& x/ g5 HEven 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.
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1 G7 P K( `! d# |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.1 M9 w# D/ X9 L# U
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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.3 x: ~; x: D2 P- q( P
, Q5 ?6 |; T+ }$ W4 V6 J- `"The growth rate of the index has been on a downward trend since September 2006," the agency said.
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With files from Canwest News Service
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bmah@thejournal.canwest.com
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# Z4 [# k; K# t2 H+ e1 T% B© Edmonton Journal 2008
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( c6 r# M$ G* q. A[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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