Edmonton new home prices see biggest drop in 23 years

水管工

Bill Mah, edmontonjournal.com
; `' Y4 o6 T& h3 o  pPublished: 9:53 am
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.

: u; [* H' ^6 C/ vEdmonton's cooling market showed the biggest year-over-year drop of any Canadian city.
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Compared to June, Edmonton new home prices nudged downward 0.2 per cent.


Calgary saw a 0.3 per cent slide compared to July of last year.

! S. U" b( P9 f  F. }2 H"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said.

# E) G% A  _: k# lEven 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.

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.

2 t6 Q" j( q0 tAs 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.

8 n; N9 B% B/ r. `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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0 N6 r& Z; o% m3 t+ O+ J, [  i"The growth rate of the index has been on a downward trend since September 2006," the agency said.

With files from Canwest News Service

. s6 l; V7 R# u5 g6 S! jbmah@thejournal.canwest.com


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- ?, A! `7 _; N© Edmonton Journal 2008
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5 ~, C. ]6 u. G1 E5 O, W[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ]

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