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Edmonton housing prices have largest one-month drop in city's history* a# P2 w" }! s. w6 ~5 G
Edmonton Journal
$ v, e9 C: e5 e4 |% H2 r aPublished: 12:09 pm/ d" k) p, o5 k$ p/ _: L
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history." s5 t/ @; }9 l4 l4 e+ W+ [" Y
% z- { z. p; _$ TThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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3 o# h9 t! C3 @( \Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
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One year earlier, inventory was just 2,138 units.+ y+ @( s; u" s, ^2 w2 U. i
; Y* a! P4 N5 H: R2 E. q0 } ]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.
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Average prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.- `; G! i6 l, s( D+ k$ `
9 T; n# |* y7 A6 jPercentage-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.
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& y4 J/ j% V* O: ?: h c© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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