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Edmonton housing prices have largest one-month drop in city's history
t4 |" ^ i% @+ _ @Edmonton Journal
$ z! c) Q! `3 @8 J8 D( b% pPublished: 12:09 pm4 ]' {6 @/ x. B: _. F2 ]3 Q
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.% a- n- p1 i0 T: A- P; w
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.% d% }" B4 {, K+ h" X
7 M& N w- Y) x. C- {* z; xInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.6 _* }4 h; j; ? t0 w
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One year earlier, inventory was just 2,138 units.6 D+ t/ \9 U F
0 z" {* Y' e6 e" E9 S/ uWhile 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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9 |7 u- L3 R# Q' d2 t% fAverage 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.
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8 u" U6 S% _8 [% U* t3 M+ ^; fPercentage-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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4 I1 A, P! ` ^& f9 D; \© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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