 鲜花( 0)  鸡蛋( 0)
|
Edmonton housing prices have largest one-month drop in city's history0 d- Q2 C+ a( t% L6 h" T9 x' B
Edmonton Journal
2 M7 @8 [5 A n& t1 sPublished: 12:09 pm
3 e. Q1 [$ a- E- OEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.+ C# ~1 S R' B, B, u
- @% j1 D" }0 i$ r$ JThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
: e' w2 K2 g1 `) y
) |5 r$ a. S0 B- K) o) eInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
' [, p8 A6 j, N% _5 R) c5 U: ?' n, Q7 o A
6 n3 N0 T B$ H; }' G7 ` N9 n& Z% W& YOne year earlier, inventory was just 2,138 units.7 r7 C% Z1 Q; f$ @4 \7 Z3 C- T5 f. ?
2 v* [4 C0 i BWhile 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.
5 _8 o+ d. u3 @" D" c
* k) }& R7 j! O( i( _4 \' vAverage 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.+ }7 x0 _8 [6 Z' v) o8 c
; G8 z4 z% ]6 d0 ~Percentage-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.
; U* o: {5 _. B# N1 e
/ h& J% N' [2 G6 x1 |3 K+ F" v1 S, {
- Z. v1 o# h: Q5 j/ X' L. X% F" B e) _! m: H) n( h5 h% ^
j5 L, t0 u3 A
© Edmonton Journal 2007 |
|