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Edmonton housing prices have largest one-month drop in city's history
( c1 p6 k- A% i5 b9 AEdmonton Journal
, Z9 C- a( ?6 e3 C$ r1 gPublished: 12:09 pm
- Q! h2 H2 Q' {9 I, s1 wEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.% a$ g% Y; h6 ~8 \' y
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July., p7 a1 H& s" v3 k9 w
$ s$ K- j3 A2 ?. J- r" IInventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
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6 ~* y Y& l2 S! COne year earlier, inventory was just 2,138 units.
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While sellers have lost the luxury of bidding wars, "buyers have a lot of choice," said Carolyn Pratt, president of the Realtors Association of Edmonton - which released the figures, Wednesday.
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Average prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.' y" d8 w) E6 w
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Percentage-wise, home prices have fallen more steeply in earlier years. From December, 1994 to January, 1995, average prices fell 6.5 per cent to $106,645. From June to July, 1984, they fell 7.9 per cent to $75,800. From February to March, 1964, they fell 23.1 per cent to $10,720.9 T. L0 @ |9 L W
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- }) e9 ]0 Y; e \3 g ]$ a8 C( H© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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