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Bill Mah, edmontonjournal.com
/ @3 o' `3 q6 B, T" v% _- Z! h: yPublished: 9:53 am
) @' L6 o: }( x4 X/ kEDMONTON - 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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/ ^; ?2 X5 j) g# T5 Q) Y) rEdmonton's cooling market showed the biggest year-over-year drop of any Canadian city.
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" m6 [% b! S- J4 x% Z" DCompared to June, Edmonton new home prices nudged downward 0.2 per cent.
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' a# m+ o" I' }( f- S- C) c' C/ KCalgary 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.
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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.
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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.4 x! B& E! ~+ S. r7 V* Y
/ p, a* ]' N* K- N4 ], a& IAs 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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' t3 ~- `: F' OPrices 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.) ^8 A4 Y; @! Y0 m
& E* d) X& s! ~& E+ Q"The growth rate of the index has been on a downward trend since September 2006," the agency said.6 w, u. F) @6 v7 f8 P
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With files from Canwest News Service
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bmah@thejournal.canwest.com6 {( [" I. D i. S( P9 P& o
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/ K, L" y2 L3 |' Q# \1 {© Edmonton Journal 2008
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- N0 q3 K a7 y1 K3 p" c* B[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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