Prices plummet

smalltown

Edmonton housing prices have largest one-month drop in city's history
: T; J; o! P$ Z+ T! K0 A( \Edmonton Journal
Published: 12:09 pm
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.

, \! ?* J; d4 \8 kThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
# N) z8 a: t0 J$ z
7 `# u+ o0 {, K: y2 E, q) H2 r; M' kInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.

; g. v/ x7 D" e) U
One year earlier, inventory was just 2,138 units.
; H# A& h$ Y( N+ [6 @
/ G" x/ W+ P- R' u$ L; GWhile 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.
1 c& G; P; s, i, h
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.
! p8 G& D% i, X) z6 C) Y
$ M! K5 D  q. b' M8 d3 EPercentage-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.
. z9 v; u7 b0 _2 U% s9 e

- k# n1 J: o1 W. G& Y  p
1 ~) V( v- B( N; Y% j
. F0 ?) e# ]% u- `3 z" _© Edmonton Journal 2007

edmontonjqh

十年一轮回？！
  b9 x/ {* {- {" T1964，1984，1994......
估计下一轮可能是2014。

elephant

下个月仍然是 the deepest drop in this city's history

程摸金

涨了那么长, 那么多了, 跌一点算个啥呀?

andyshenyi

原帖由 程摸金 于 2007-9-6 21:01 发表
: `( M: U. p% M# e8 c涨了那么长, 那么多了, 跌一点算个啥呀?

You are right, not enough.

人生几何

还会继续跌

ym615

来了才知道，国内国外一个样，房价暴涨

howardx

对酒当歌-整个一假牙。差一点搞错了，以为是醉酒当歌了。

人生几何

正宗声明，本人是“对酒当歌” 不是“醉酒当歌”， 两者没有任何关系，没有骗取广大人民群众信任的想法。不过最近俺经常来这个板块逛逛。