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Bill Mah, edmontonjournal.com
' P H. J; F# [7 r, pPublished: 9:53 am
1 f8 ~. X& q/ \8 gEDMONTON - 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. ) F0 N0 s/ x, S [6 D o
& F8 B# Q2 W9 M1 s' c9 O+ o7 K5 wCompared to June, Edmonton new home prices nudged downward 0.2 per cent.9 i9 g& ~& e# O- n7 B" L/ C
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% k/ U7 g% d+ g" t( U9 |1 yCalgary 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.) Y+ M9 d! E$ j9 _) f$ n' K
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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.! A4 | ]2 H4 m* N2 m# b
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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.) q7 g9 \" ?& n7 L* i2 |
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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.0 \& ~. k6 ~/ j6 R+ v
* @9 O0 B+ T2 t& T3 R4 MPrices 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.& e+ c: k& d/ U
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"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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: @8 w& k3 |% R5 Qbmah@thejournal.canwest.com: W1 f& y+ p) D
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0 L* l* d, z8 W; a2 b© Edmonton Journal 2008+ p/ y' ~9 R' I' q( z
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[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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