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Bill Mah, edmontonjournal.com& G4 P5 ^! N% {" ?
Published: 9:53 am
$ M1 n$ |( t* S* J) X( }EDMONTON - 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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; @6 u. C3 J: cEdmonton'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.$ X, b6 E+ d5 {4 {
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! j$ O1 I; C% y: E$ XCalgary saw a 0.3 per cent slide compared to July of last year.
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5 u* ^) m5 Y) O9 B6 ^+ m"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said.% u/ o/ Y& n0 Z4 b: A$ K7 t8 R @$ @
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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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; x7 i+ F# c n# E, N/ O" |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.
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% J0 u1 I) O6 T' m" F, _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./ T, G$ y. T, n Y& W: Q
0 C, A/ ~/ w0 O- y% D* ]- E% ]( g" S$ ZPrices 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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"The growth rate of the index has been on a downward trend since September 2006," the agency said.( ?7 r% H3 H ~) X' @- G
1 {, y* m q9 M5 a+ ~' }2 k' G: ~With files from Canwest News Service
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" z# L. B$ ?- k/ Nbmah@thejournal.canwest.com7 F* V5 X" ?2 K7 s! Q4 b) s9 }
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© Edmonton Journal 2008; W+ H2 W6 f( C0 |6 c
" ]6 {* y2 ]. N F) A' p/ L[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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