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Bill Mah, edmontonjournal.com
& v5 `1 b1 x9 }Published: 9:53 am
4 c% f0 l) o* }! F) p' HEDMONTON - 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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* d/ L& W5 J+ O4 e7 vEdmonton's cooling market showed the biggest year-over-year drop of any Canadian city.
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Compared to June, Edmonton new home prices nudged downward 0.2 per cent.1 a! r; F; k7 N
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, z! ~$ J- _" bCalgary saw a 0.3 per cent slide compared to July of last year./ @9 C: |4 F$ n3 Y" j
/ A. Q9 q- j5 x1 D% O+ L"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said.7 {7 T+ Q0 h; X1 \! ^8 D' v
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Even 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.; y- l) @* A" z+ e( O
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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.: A8 `) k+ ]) W7 q! M
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Prices 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.
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"The growth rate of the index has been on a downward trend since September 2006," the agency said.% ^- q/ d4 f# t$ a% q
* T7 J: o/ }+ `' t, JWith files from Canwest News Service
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bmah@thejournal.canwest.com4 `) ?) m; Y( ^9 A
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© Edmonton Journal 2008
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/ `4 P7 H, q" i[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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