埃德蒙顿华人社区-Edmonton China

 找回密码
 注册
查看: 1431|回复: 0

Double-digit declines for Edmonton home prices

[复制链接]
鲜花(1) 鸡蛋(0)
发表于 2008-10-6 10:43 | 显示全部楼层 |阅读模式
老杨团队,追求完美;客户至上,服务到位!
EDMONTON - While average resale home prices across Canada nudged upward in the third quarter, Edmonton saw double-digit declines from last year in bungalows, two-storeys and standard condos, says a report released today by real estate firm Royal LePage.
: U# q" O% ^7 Q* M" O! B) M) W( w, f' @
The average Multiple Listing Service sale price for an Edmonton bungalow fell 11.8 per cent to $326,429 compared to the third-quarter of 2007, says the market survey.
7 v1 H# {9 l1 m! \2 D$ ]$ I
5 j' j. K5 x* }( k! U/ m- E! O. ETwo-storey houses dropped 13.8 per cent year-over-year to $342,857 in the Edmonton market.
$ F* U  y' f+ X% w- o0 Z
0 ^7 `% L$ a5 o- Z( p- o2 [2 {3 Z8 I* a7 c, g$ G  ]5 [! I
Email to a friend. L4 Z& O3 m. ?6 p; J
+ n; }( X6 `+ o9 Q* o) K, G+ Q
Printer friendly
& }9 ?' Z4 F' f+ T6 SFont:****A standard condominium tumbled 18.8 per cent from last year to $216,667.
4 @' \$ ?3 I+ ~6 o+ H4 Y9 Q" f  J
Across Canada, the survey found, on average, standard condos rose by 0.2 per cent to $243,529.7 g$ e& n- v$ I
) L0 S; k1 P' v7 b) ]
Standard two-storeys increased by 0.1 per cent to $408,927 while the average price of detached bungalows remained stable at $240,000.
3 f+ Y. b. c+ k* O0 b; L/ h: g; v! |' N! @* g4 x
Phil Soper, Royal LePage president and CEO, said Canada's housing market is fundamentally different and stronger economically than the U.S. market being shaken by the sub-prime mortgage crisis." X+ v  v! R- ]. a: _' j* h- `2 ~2 e
7 @  r3 ]6 L: g7 |$ p
"Average house price appreciation curves are beginning to flatten, but this is a completely natural reaction to the explosive gains that characterized the market earlier this decade," Soper said in a release.9 y% D. W( ?# n. g

  l$ |8 X8 r7 L& g. a: h( ]/ GThe report said despite dropping year-over-year prices in Alberta, the resource-rich economy is strong and unemployment is low.
% h; Y7 e' X; p) |+ @! {
! K$ _) V- n" g5 j( P; I) ]) a"As such, the recent price decline is merely a correction to the dramatic run-up in prices that both Edmonton and Calgary experienced in the past few years," the report said.; O' R" B* `5 }0 b9 M! v+ T
& K; {5 H' R0 ?# p4 n
The survey said the year-over-year drop in the Calgary market varied from a decline of 8.7 per cent for a standard two-storey home, 8.2 per cent for a standard condominium and 6.2 per cent for a detached bungalow.0 q* r2 Z  O! P
. _4 H% G4 `* l* q2 N2 i5 U* l
bmah@thejournal.canwest.com
您需要登录后才可以回帖 登录 | 注册

本版积分规则

联系我们|小黑屋|手机版|Archiver|埃德蒙顿中文网

GMT-7, 2026-3-30 02:23 , Processed in 0.112110 second(s), 9 queries , Gzip On, APC On.

Powered by Discuz! X3.4

Copyright © 2001-2021, Tencent Cloud.

快速回复 返回顶部 返回列表