Calgary Sun: House prices drop $10K in Calgary

Z

http://calsun.canoe.ca/News/Alberta/2007/10/02/4542538-sun.html
) U  M: `* {, w- ~
: Z5 I3 q+ F: j5 A$ STue, October 2, 2007
$ H" Y, s6 O* n" `5 eHouse prices drop $10K in Calgary
  D/ e7 J  H; a: }UPDATED: 2007-10-02 01:41:36 MST
* Z7 g( p' `- d& P. f! `1 i; c
4 t% c9 [: s* D- ~! F' r$ B
By PABLO FERNANDEZ, SUN MEDIA

Calgary house prices sank $10,000 last month, the fourth decline in a row as inventory jumped and sales slumped, according to statistics released yesterday.

1 K( p$ d7 u* D& ?8 W; {The median price of homes, the middle value of homes sold, fell to $420,500 last month, down from $430,000 in August, said the Calgary Real Estate Board in its monthly housing sales report.

* |& H- n* ?/ V! H' S7 Q. qYet, despite the falling prices, CREB president Ron Stanners said city home prices are still higher now than they were last year at this time.
: Y# r4 D  ^0 m! B( G9 M
"The market place is very good right now, but it has slowed down over the last three or four months," said Stanners. "It's beginning to move more towards a buyers' market but even still, sellers are still getting much more today than they were this time last year."
6 @6 B! j9 ]; y$ E0 U
$ N  G. J0 b! }2 e$ G; L+ nIn fact, the median price of single-family homes in Calgary remained 9.68% higher in September than the same month last year. The number of single-family homes on the market jumped 5.15%, but sales slipped 19.03% in September from August, CREB figures say.
) ?) Z: T- d" B- ]3 f
The pattern was identical in the condominium market, where more supply and fewer sales also resulted in more affordable prices.
1 D9 D2 J4 E) Z# c4 U! Z# D
* ?$ C7 I! J7 C, _2 O5 tThe number of condos going up for sale in September increased 10.88% over August, while there was a 12.66% decrease in units sold.
5 b: T) D- l: M. T7 [8 z
2 V- Q( B/ b) r: a4 z: iThe average house price in September was recorded at $470,888, down slightly from the August average price of $485,914.

giss

http://www.creb.com/media/stats_ ... tember%20Public.pdf

elephant

爱城的数据还没出来?

yj151