Edmonton new home prices see biggest drop in 23 years

水管工

Bill Mah, edmontonjournal.com
Published: 9:53 am
- D0 _2 j- ?8 rEDMONTON - 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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1 ~3 E2 P" h2 F8 E! SEdmonton's cooling market showed the biggest year-over-year drop of any Canadian city.
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Compared to June, Edmonton new home prices nudged downward 0.2 per cent.

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0 ]& J7 S9 u, f( u4 q( C2 kCalgary saw a 0.3 per cent slide compared to July of last year.

, _  H2 ]  Q1 B. I, L- `"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.

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.

" l* j! t. H3 I7 uAs 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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  \1 \1 k* K8 H* G9 Z/ M* B; d5 cPrices 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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5 t" W1 i5 h- d8 Y& v  v# Q"The growth rate of the index has been on a downward trend since September 2006," the agency said.
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! Z+ Z+ M+ k/ y' ?) f& f7 [  iWith files from Canwest News Service
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bmah@thejournal.canwest.com


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$ h- b, |, a/ m; h, Y6 m© Edmonton Journal 2008

[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ]

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白水

每天一点

yj151

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醉酒当歌

有过最大涨幅就有最大跌幅，属于正常！还会继续走低！谢谢分享！

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水管工英语太好了，能不能给翻译一下啊？

w_20080808

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