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Edmonton housing prices have largest one-month drop in city's history* z( j& W% z0 h+ ^2 V& ]9 [# D, D
Edmonton Journal) A- b- C) ^6 o2 o9 ~! O, _- _
Published: 12:09 pm
- C/ V. l/ f! H- I! y7 m* kEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.) t! N) s$ p }6 F7 M0 G1 ?& c5 T2 Z
' q; J q; u0 V' @0 d2 R- R% vThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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' |* _5 |- n e- P P- IInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.* D# s. j0 s7 h8 Y5 `. P
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One year earlier, inventory was just 2,138 units.
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While sellers have lost the luxury of bidding wars, "buyers have a lot of choice," said Carolyn Pratt, president of the Realtors Association of Edmonton - which released the figures, Wednesday.
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# N$ @ b) u s" XAverage prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.
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% ?# F$ U: b( Z! K6 x' @ aPercentage-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 $10,720.* N0 X) R9 d2 d$ _! I/ r
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% z% q' J! E! C7 j9 L$ a" J© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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