 鲜花( 0)  鸡蛋( 0)
|
Edmonton housing prices have largest one-month drop in city's history4 a5 L$ p1 E8 V/ |1 ~" g* |; A
Edmonton Journal o" P8 ~0 M6 b
Published: 12:09 pm
7 q& }) @6 v' o! k2 ZEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history./ q( S- x2 \- u5 ~
0 K8 v$ m/ f% B' P/ @- D2 mThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.& K* I) y- e7 `$ A7 e& X, {
# u# C5 f/ i7 a( iInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.0 W* ~& m" {! C9 w& F- H
! V+ p$ w0 |7 l
K$ @. [" l* b# D5 ^, B3 g
One year earlier, inventory was just 2,138 units.
' [) q; y" p$ A/ E, q' B0 c. [! x
# D' W$ p& B3 \& F( VWhile 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.
; b: h+ f2 d& i D8 }$ Z- h! L. g4 k* A: ^' Q _
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.
* o2 \* X! z8 X9 y1 F3 g o8 y1 {7 \/ u4 [- h
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 $10,720.
& Z% B+ J+ n# T% o# n
# F5 g4 u+ `$ g% u5 U' ~
0 u( c8 s. ^% u: |5 g! H) A6 ~& b' T- a1 ~2 f
9 b- ~6 p* d1 |! g8 D: }3 J© Edmonton Journal 2007 |
|