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Edmonton housing prices have largest one-month drop in city's history
4 m/ @9 A9 w- f7 WEdmonton Journal
0 {8 s4 R1 B3 g' H$ W; w4 m5 {Published: 12:09 pm- V- S5 p. v3 k- w7 H; T" }
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 $344,792, for all forms of housing, was down 2.8 per cent from July.4 p& h2 W/ X' ^, M
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold. e& ~$ S; z# p1 x+ L% Y; i% C" E
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0 N* R; j, h: ^. w' c: E, ^, dOne year earlier, inventory was just 2,138 units.9 R' s4 W a; e7 b# z+ c
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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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' P5 M! s1 j" G& WAverage prices of single-family homes fell 3.2 per cent, in August, to $403,757. That rolls them back to the levels of March and April. But they're still up 27.6 per cent from 12 months earlier.1 O$ U9 o8 S9 u2 u9 }
8 C7 O9 @0 k9 Y/ |+ G0 }/ N {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.' Q5 D- S1 x5 E4 l% \) x
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9 m+ U2 {- |! A+ a* G% {/ k& D& J6 c© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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