Edmonton new home prices see biggest drop in 23 years

水管工

Bill Mah, edmontonjournal.com
Published: 9:53 am
1 q/ f; w7 w7 B+ x( k7 YEDMONTON - 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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Edmonton's cooling market showed the biggest year-over-year drop of any Canadian city.

* p) \1 _8 G! f! A" x9 o0 m) SCompared to June, Edmonton new home prices nudged downward 0.2 per cent.
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; c' ]; L  b6 kCalgary saw a 0.3 per cent slide compared to July of last year.
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"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said.

9 r8 |0 R# S) sEven 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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4 F, F! y! x* i7 T4 n( d+ CThe 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.
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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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2 b% h4 @( c( e% a4 p! i"The growth rate of the index has been on a downward trend since September 2006," the agency said.

With files from Canwest News Service

bmah@thejournal.canwest.com

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© Edmonton Journal 2008

( e( T5 Y( [- U: B* H[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ]

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白水

每天一点

yj151

galaxy7111

醉酒当歌

有过最大涨幅就有最大跌幅，属于正常！还会继续走低！谢谢分享！

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水管工英语太好了，能不能给翻译一下啊？

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