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Edmonton housing prices have largest one-month drop in city's history9 l3 D2 V/ l7 F Z# a! _
Edmonton Journal
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Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history." \* K% x0 z t6 j+ |2 ]" C
' w' K1 Z/ s7 @9 s7 H e; zThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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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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6 M: C: ?2 T8 O6 GOne year earlier, inventory was just 2,138 units.0 b, k U8 F: I8 Z3 }0 G8 \# [
, M& h) u. B' D) W4 {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., \0 i: e9 \+ ^# o b
% N. K5 u% u: i, _7 k. A2 {Average prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.4 P. ^5 Q$ F* e0 |* N& X0 c* R% q6 E
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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 $10,720.
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* y Z& p$ \' {! N. D/ V© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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