 鲜花( 0)  鸡蛋( 0)
|
Edmonton housing prices have largest one-month drop in city's history$ D+ z: d/ s& n) D( ]
Edmonton Journal
# a4 k; H+ O( ^9 j, P1 H8 BPublished: 12:09 pm$ D0 I9 i! }5 d$ U/ M) z9 z- I
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
m) e0 t1 \; {% Q: t8 o! \+ r; [& V0 H0 F: q0 J, |
The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
5 f1 g0 H! n3 Q+ q, ?2 `3 l
) i9 A, H9 U5 fInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.$ \ k b% S/ {( N0 b- r
6 k: }: K7 ?; }3 F5 W
1 e( f' L! z% \/ {2 l+ ?2 [% POne year earlier, inventory was just 2,138 units.
# n& {4 U, U) }! G; j1 |
3 N* t5 o3 ]) A, Z& J9 _: R( hWhile 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.
( b+ z: y# P) X1 g" t
* B0 y( K' O" a. F! iAverage 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.
$ U. ~7 U9 ?5 C ^+ f2 j
1 R# s) w% g$ f7 ZPercentage-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 $10,720.$ k5 C2 G0 c; s- u" C9 X0 n
& K6 |& _7 d5 v- u e4 W
- @! U P( j# V; b$ i' w- W- w# U0 [9 j+ w
: J/ ?- q! p5 C- s+ p% O9 ]9 r7 ^
© Edmonton Journal 2007 |
|