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Edmonton housing prices have largest one-month drop in city's history; \4 K' l) b2 P7 t5 U
Edmonton Journal
- }/ e5 u+ Z% N/ U& f0 `Published: 12:09 pm( R" y; u( C* @
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.2 e, Q9 K3 a/ Y7 J o; G
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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, S$ n1 i [5 ]Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
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* J% y5 U. ]/ r- @2 POne year earlier, inventory was just 2,138 units.
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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.
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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., v6 B) D8 T# L0 G: J5 O
$ Z5 a7 J$ k9 I: E) k4 ^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.: d( ]' q- O* `/ P. h) i
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% p0 p- g( w& o" Z8 Q" X7 ?; |) r© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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