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Edmonton housing prices have largest one-month drop in city's history- G9 c3 e" F/ w9 q: V5 @* Z
Edmonton Journal# q6 a/ C6 @, W: j1 B) w0 Q
Published: 12:09 pm* c8 I" L+ ?6 _
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.) _ m3 U# f8 l1 o# w4 _
2 l- q" C% r& Z" e A6 HInventory 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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One 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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+ a6 T7 q% i- a+ ^# jAverage 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.' j7 I! N: B) T9 |
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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 $10,720.9 h! w2 |$ e- |2 w2 w+ s; H* H
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" f9 g( M/ U7 _! x" ?0 d0 I" `© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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