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Bill Mah, edmontonjournal.com
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; W. `: i1 a& H3 V& d8 D8 ]EDMONTON - 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.1 ]2 b% M* J l# G# V
8 t; a1 K1 g( m" S5 E0 B, ?Edmonton's cooling market showed the biggest year-over-year drop of any Canadian city. ' O2 U P' g% x$ ^5 C8 {9 M
" @' C) h: E4 H# t6 jCompared to June, Edmonton new home prices nudged downward 0.2 per cent.7 E8 w3 ~7 ^7 Z( q7 s
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& o. f, W5 l sCalgary saw a 0.3 per cent slide compared to July of last year.
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8 T- w. F" z9 n9 c1 H2 C"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said./ z; T0 ?# b- M# M& J% ]
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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.- M2 L9 p7 Z, ?$ d6 Y# }# z! y" }! F
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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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' z, a8 ~3 V; o7 W6 A' VAs 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.
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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.
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3 Y) [. ]9 ~) g: O* PWith files from Canwest News Service
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, V6 A q1 a n% w. ybmah@thejournal.canwest.com3 Y1 j4 Z- u; l% k
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6 h4 f% C2 p# h( F2 F* y* Z: L© Edmonton Journal 2008
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1 {# E! s$ L" d4 K[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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