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Edmonton housing prices have largest one-month drop in city's history
, p0 Y4 h" n9 ~- k- ]' S& xEdmonton Journal
+ V' O b b( }8 C |Published: 12:09 pm4 E. h; L g' @: J
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
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0 t* ?+ t' R. [5 Z0 Y/ zThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.: c U- N" }* Q* H
) N6 F3 x$ u* e2 zInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold. o0 s& x0 @! H8 \/ Z; O
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" \% \3 U2 } L0 p3 {One year earlier, inventory was just 2,138 units.' f* i% C& D6 W& s6 p
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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.0 I" ]( v0 K( Z t' q) y
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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.
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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 $10,720.8 \( f/ X! [1 g5 v+ ^0 J
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© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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