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Bill Mah, edmontonjournal.com
2 A' P( g0 f/ n: r7 wPublished: 9:53 am
# H1 d- n/ m: g: |6 O) S' jEDMONTON - Prices for new homes in Edmonton fell 5.3 per cent in July compared to the same month last year, marking the biggest year-over-year drop in 23 years, said Statistics Canada today.
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8 f% ~4 |9 ~' t" \4 O5 kEdmonton's cooling market showed the biggest year-over-year drop of any Canadian city.
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/ G* w& H, C' e- F# k& ^Compared to June, Edmonton new home prices nudged downward 0.2 per cent.3 i( O' D' j" p8 H, a
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/ R2 K v( C. m/ m+ S. RCalgary saw a 0.3 per cent slide compared to July of last year.8 k1 Z# U( Y/ F+ T
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"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said.* w0 Z% M" l4 c
6 `7 p; Z3 K1 p4 R w8 J/ u jEven heated Saskatoon posted a slower annual increase of 13.1 per cent, "further confirmation of a trend of deceleration in this city. Many builders reported increased prices as a result of higher material and labour costs," the agency said.5 {8 b3 X# m4 ~7 `/ A
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The fastest pace was in Regina, which saw a year-over-year price increase of 29.6 per cent, down from its record rise of 34 per cent in April.
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As the market continued to cool in Western Canada, prices for new homes rose nationally at a slower pace in July for the sixth consecutive month.6 F2 d5 U/ Q8 n2 K6 a; R
Y+ m4 j- F- C( a9 XPrices were up 2.7 per cent in July from a year earlier, down from June's annual pace of 3.5 per cent. On a monthly basis, prices edged up 0.1 per cent between June and July.( ]. f5 u4 Y" W$ ]( V2 f1 {; s
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"The growth rate of the index has been on a downward trend since September 2006," the agency said.
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With files from Canwest News Service
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bmah@thejournal.canwest.com f g) m9 {0 W* h/ P
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/ s( d2 E& A/ `; s© Edmonton Journal 2008
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% R% F7 N0 H7 S' f5 h0 M f[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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