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Bill Mah, edmontonjournal.com, v; d, C/ a* c( ~. Q
Published: 9:53 am
+ G: G9 I% `, O$ q5 H% H+ @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.
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8 w1 {$ p* H# `Edmonton's cooling market showed the biggest year-over-year drop of any Canadian city.
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* x& S& Q3 K- @# q3 c3 aCompared to June, Edmonton new home prices nudged downward 0.2 per cent.
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9 K$ f' x, \/ u* ]4 A" |( SCalgary saw a 0.3 per cent slide compared to July of last year.
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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.% g# |4 c e' g' [1 p8 T
, d) O) Z% d# {$ k) ?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.
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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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! [1 ~8 W9 q. b! @9 a# R C) e7 Z) oAs 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 v. @; k& g- Y# M7 Q/ E: `2 b& w
9 a% p+ c0 W. nPrices 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.# f8 K) u. b; G! \9 F, B
. r$ q; y( B7 ~: J. z/ Y6 CWith files from Canwest News Service
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8 w* O# H8 [- G# Rbmah@thejournal.canwest.com
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© Edmonton Journal 2008
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[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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