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Edmonton housing prices have largest one-month drop in city's history q' \; ]' x, s3 ]
Edmonton Journal
* `' H8 e' f8 H+ [8 r+ ~Published: 12:09 pm* h i2 q% G7 x& m+ O
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.8 A# ]: }9 v5 j, A' s0 j/ {8 g
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.) ~3 ]8 a( k" k6 g4 S* J3 J! Z8 C
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1 V9 ]/ M. }4 hOne year earlier, inventory was just 2,138 units.0 i6 n" _& {, D. d; j
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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." i: q! n, z- r! I1 e
; p5 T: f1 E1 m/ N3 ^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.
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, v" D: n7 p6 @4 f( s2 A8 F1 I+ ePercentage-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 $10,720.
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8 S, y! G; b' n$ J+ b/ d# V© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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