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Edmonton housing prices have largest one-month drop in city's history
1 F/ O* I/ f6 ?8 ~Edmonton Journal
. y% {+ t% p" j: w6 RPublished: 12:09 pm
Z: M5 C3 {' x0 O5 h- K) U- HEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.7 a q2 S: o- g$ [
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.) k, v% Q. N; o8 A$ \ H1 ~
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Inventory 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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4 p3 V. K9 v2 fOne year earlier, inventory was just 2,138 units., _4 r' }& H4 q( }& [' T p
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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.1 v' e) ?2 G* ]& \
, O$ W/ e3 H0 s" K% H7 EAverage prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.5 {' p5 o* }- q$ L$ O
, a) F" R$ `' _, f" Y# O3 XPercentage-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.# t! k% i1 e" t. {: \% _1 V
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; P8 r: R2 V( R/ X( v© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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