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Edmonton housing prices have largest one-month drop in city's history
! d" }7 x) k+ t) c eEdmonton Journal9 m, m: Z) K7 R, o ?1 T2 ?
Published: 12:09 pm# \. P) ~$ B5 x8 y# x% O
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
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) i4 C8 I* d" S9 a3 V, e9 pThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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: q9 w5 u9 M. k, _/ d9 Y# K, u! `Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.' n( B. ?8 f4 V) i) Z( Q
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8 `& e/ r- C2 t- y1 x' p- WOne year earlier, inventory was just 2,138 units.3 @6 Q, K. d- ^6 G& |) L b
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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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6 X' B, Z* ?6 s4 f( k* A1 OAverage prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.5 b( r7 c4 \/ C; r/ a: _9 }2 G
! [$ l+ h$ l/ z" e5 NPercentage-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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1 ?- n* S: w/ g; ?© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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