ZT: Edmonton home sales down 40 per cent compared to last January

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http://www.edmontonjournal.com/H ... /1248520/story.html

EDMONTON — Edmonton’s resale housing market sales kicked off the new year by stumbling out the gate — with residential MLS sales down 40.5 per cent compared to January 2008.

2 E7 N7 k, O$ c% m6 G: SEvery indicator fared worse than it did in January of last year, showed Multiple Listing Service figures released Tuesday.

0 H; p9 G1 R. i/ ?- Total MLS sales plunged 40.9 per cent.

, Q% S, o6 l+ n5 R- Value of total sales for the month was $265 million — down 42.4 per cent.

" i2 t1 q9 f& x& C! s5 l& z- The single-family home average selling price fell 7.1 per cent to $352,689.
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4 R" V& g% b, i! ]" G- The average condo selling price dropped 7.5 per cent to $238,535.
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8 U9 E) O' E. }# x0 Z7 a8 Z- In the single-family market, there were 502 houses sold, down from 767 in January 2008.
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- For condos, only 189 sold in January compared to 363 a year ago.

For all that, Charlie Ponde, president of the Realtors Association of Edmonton, sounded optimistic, if cautious.
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: o( u1 K8 @+ @2 ~* WHe looked on the bright side, the month-by-month comparison — January figures were modestly better than December’s gloomy statistics.
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Multiple Listing Service figures released Tuesday showed 730 residential properties sold in the Edmonton region in January, up from 608 in December.
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Sales prices were also up in all categories as compared to the previous month. The average price of a single-family home in January was $352,689 — up a quarter of a per cent compared to December. Condo prices nudged up 1.8 per cent to $238,535 and duplex/rowhouses rose 2.2 per cent to $299,222.
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“Nobody rings a bell when prices hit the bottom,” he said. “The bottom is evident only after several months of rising prices. One month does not make a trend but the market is certainly welcoming to home buyers.”
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He pointed to interest rates which have fallen to their lowest in years, a large selection of homes and recently introduced federal tax credits for home renovation and a change in the amount of RRSP savings that can be applied to a first-home purchase — now $25,000 up from $20,000.

yj151

末底改

成交量荡40%,只能说明买卖双方都不愿意入市.如果价钱荡40%的话,老末保证成交量会几倍增长.