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Edmonton housing prices have largest one-month drop in city's history
' e# R0 q. r) r* `; j5 hEdmonton Journal2 ?5 i9 ^; E; ^9 Y. a7 V
Published: 12:09 pm- z3 ^! K" j" [4 o: M8 m5 ], S8 T0 o3 Z
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.. t4 Y9 m; c! ^, V/ E! ]/ k
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.5 l" X+ D: K0 ?; V
! y) H$ u! i- Z; dInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold./ {( }9 o8 X& l$ ?9 s+ c
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/ x! o8 t& E" n4 IOne year earlier, inventory was just 2,138 units., O5 c# s% I6 O, p
( r9 ~5 x, _5 r$ b. TWhile 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.
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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.9 ~. T( I/ @3 t3 v0 S) l; z
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Percentage-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 W6 z) U' ]! |, v
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# b1 d6 T( i8 T' t© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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