Calgary Sun: House prices drop $10K in Calgary

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http://calsun.canoe.ca/News/Alberta/2007/10/02/4542538-sun.html
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Tue, October 2, 2007
7 @7 C6 n8 |! _8 GHouse prices drop $10K in Calgary
& J# Q# Z# f3 B; ~UPDATED: 2007-10-02 01:41:36 MST
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; H9 {, z4 \% x, e/ a7 BBy PABLO FERNANDEZ, SUN MEDIA
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Calgary house prices sank $10,000 last month, the fourth decline in a row as inventory jumped and sales slumped, according to statistics released yesterday.

! R9 I6 ?/ F' `% o  d* _6 |0 VThe median price of homes, the middle value of homes sold, fell to $420,500 last month, down from $430,000 in August, said the Calgary Real Estate Board in its monthly housing sales report.

Yet, despite the falling prices, CREB president Ron Stanners said city home prices are still higher now than they were last year at this time.

+ f3 g# g1 l" V. f* {+ n"The market place is very good right now, but it has slowed down over the last three or four months," said Stanners. "It's beginning to move more towards a buyers' market but even still, sellers are still getting much more today than they were this time last year."
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In fact, the median price of single-family homes in Calgary remained 9.68% higher in September than the same month last year. The number of single-family homes on the market jumped 5.15%, but sales slipped 19.03% in September from August, CREB figures say.
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The pattern was identical in the condominium market, where more supply and fewer sales also resulted in more affordable prices.
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The number of condos going up for sale in September increased 10.88% over August, while there was a 12.66% decrease in units sold.
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The average house price in September was recorded at $470,888, down slightly from the August average price of $485,914.

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http://www.creb.com/media/stats_ ... tember%20Public.pdf

elephant

爱城的数据还没出来?

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