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Edmonton housing prices have largest one-month drop in city's history% `) r8 @; u& R2 x! W" ~. z0 g
Edmonton Journal
$ D( w1 E. R1 |* i1 E- WPublished: 12:09 pm% k6 P3 j, F7 K
Edmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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: X0 R8 W4 o( \- _Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.2 N# M6 O& C, T. T# v: Z
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One year earlier, inventory was just 2,138 units./ A9 j9 j+ c" ]" M3 h9 A4 e
* I- r+ k. {7 ?) HWhile 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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( e, Q* n2 a. Y" N% TAverage 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. O6 n; S, ~! H+ [! X
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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.
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% a, Q1 Z d* _; M3 z© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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