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Bill Mah, edmontonjournal.com
7 O8 \$ `8 U. kPublished: 9:53 am' H2 h* C; Z6 H) L- o
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./ J" c, H7 _) K3 o) |
4 R4 Z5 _3 |+ j8 Y6 pEdmonton's cooling market showed the biggest year-over-year drop of any Canadian city.
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% A. j6 W1 D) Y9 s0 `; a$ Y3 RCompared to June, Edmonton new home prices nudged downward 0.2 per cent.
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, _$ G$ g1 A; E% C5 kCalgary saw a 0.3 per cent slide compared to July of last year./ K) ~& H/ y4 ?& T
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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.
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Even 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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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.$ C. }& n+ Q" @5 G
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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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" _4 K- u& D. [( \"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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© Edmonton Journal 20089 u# e$ ]1 j" ^
; Y% D" Y; {3 ?1 U4 s[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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