Calgary Sun: House prices drop $10K in Calgary

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http://calsun.canoe.ca/News/Alberta/2007/10/02/4542538-sun.html

0 g0 |' F8 R% l) U/ g" {# R, kTue, October 2, 2007
House prices drop $10K in Calgary
UPDATED: 2007-10-02 01:41:36 MST


By PABLO FERNANDEZ, SUN MEDIA
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Calgary house prices sank $10,000 last month, the fourth decline in a row as inventory jumped and sales slumped, according to statistics released yesterday.

The median price of homes, the middle value of homes sold, fell to $420,500 last month, down from $430,000 in August, said the Calgary Real Estate Board in its monthly housing sales report.
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4 x( V3 n  B4 p. C: Z' uYet, despite the falling prices, CREB president Ron Stanners said city home prices are still higher now than they were last year at this time.
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2 Y6 T- j/ T6 I5 H0 ~"The market place is very good right now, but it has slowed down over the last three or four months," said Stanners. "It's beginning to move more towards a buyers' market but even still, sellers are still getting much more today than they were this time last year."
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In fact, the median price of single-family homes in Calgary remained 9.68% higher in September than the same month last year. The number of single-family homes on the market jumped 5.15%, but sales slipped 19.03% in September from August, CREB figures say.
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The pattern was identical in the condominium market, where more supply and fewer sales also resulted in more affordable prices.
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The number of condos going up for sale in September increased 10.88% over August, while there was a 12.66% decrease in units sold.

! g1 s3 k! g* W1 ]3 @" hThe average house price in September was recorded at $470,888, down slightly from the August average price of $485,914.

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http://www.creb.com/media/stats_ ... tember%20Public.pdf

elephant

爱城的数据还没出来?

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