Calgary Sun: House prices drop $10K in Calgary

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http://calsun.canoe.ca/News/Alberta/2007/10/02/4542538-sun.html
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+ n+ p$ \; B% l5 Y9 l& b* DTue, October 2, 2007
House prices drop $10K in Calgary
UPDATED: 2007-10-02 01:41:36 MST

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7 T3 ^- K6 L3 W! u& v; h" CBy PABLO FERNANDEZ, SUN MEDIA

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.

& ^9 L, R! M3 k; d8 [5 O4 [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.

- }3 H+ p6 N% J% ~& c2 w1 z: Q5 pYet, 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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"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.

# u/ u* x6 R+ n/ O1 M1 r/ cThe pattern was identical in the condominium market, where more supply and fewer sales also resulted in more affordable prices.
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7 T, I" s3 P: YThe number of condos going up for sale in September increased 10.88% over August, while there was a 12.66% decrease in units sold.
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; X" B8 C7 f. N+ T5 b+ zThe 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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