 鲜花( 0)  鸡蛋( 0)
|
Edmonton housing prices have largest one-month drop in city's history
; ^% y" |5 _0 A' g0 _ TEdmonton Journal( v6 j* x& W" M0 [, y* j% J
Published: 12:09 pm
8 |- O9 l: Q: S3 g; MEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.8 M( m7 k( w" [( M6 O, E
3 F l) O! N8 ^. X! Y5 hThe August average of $344,792, for all forms of housing, was down 2.8 per cent from July., Z; i5 T p* ~: ~- t2 Y
4 E: s1 Z, |8 GInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
+ T; ~* F* s8 t5 r$ R2 g. N
9 M1 M/ M: {# a, K+ a
$ P: n/ c, q7 SOne year earlier, inventory was just 2,138 units.
" |3 ^/ }0 c% q' {; V( F/ A" ^6 E* a' b A
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.
1 i, }- g! Y# I* q7 t' L0 }4 y+ W; ^
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.: Z8 e5 M2 }4 T2 _7 I3 Q* R
3 d& s( [7 U& @8 h: w7 Q6 A7 i2 SPercentage-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 $10,720.9 Z3 ^( E% \) k6 S8 i' o7 A
4 j+ H; ^) S/ d. G! A. X9 T. ~3 F' M8 I1 B2 |0 n
1 q7 W4 s; R, i; ?. Y4 T
" o% s$ [5 C. i) W, {: N& \© Edmonton Journal 2007 |
|