 鲜花( 0)  鸡蛋( 0)
|
Edmonton housing prices have largest one-month drop in city's history+ t9 S: k+ W, O
Edmonton Journal
3 S/ P0 [, o( e3 g5 F' xPublished: 12:09 pm+ {3 V% w! k9 t2 W# \8 U
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
- H7 U! q: O1 y# v
4 q8 D3 D: [: E3 H- t4 yThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
g7 b: Z4 X! |# h2 N, v z! H0 \# u$ m
Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.! C& d. a1 _. p$ R& z4 N
7 M" f! X& A% L6 X- R
- q* F6 j& t" c- F6 L! M POne year earlier, inventory was just 2,138 units.5 C9 L, m- ~0 {7 h1 k0 d0 Z# b& Y
, E2 `& u7 m# M p8 i- z. g m
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.
6 e* L( v- `) @& z" k' g5 t2 Q3 K7 [% R" M: U
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.
8 D! @9 |7 G, Q' b7 I
% e) D( r) e. }- D" X+ V( S5 R/ vPercentage-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 $10,720.4 ^7 ^7 a7 G% F B" q: B
1 w2 {$ i7 M1 W0 R7 y
3 G- [9 P( z" Y1 O3 d& x" {, T: J9 ?2 \4 ^, ]
* g) ~) C$ `# d2 \8 a# }$ P
© Edmonton Journal 2007 |
|