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Bill Mah, edmontonjournal.com
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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.* }% c |/ u4 P/ n( N, h* N
( O" Q* C5 t1 D% U+ lEdmonton's cooling market showed the biggest year-over-year drop of any Canadian city. 8 Z' f: h! v; P ?5 x* `
( ]- G/ \. T- M! p+ n& u9 XCompared to June, Edmonton new home prices nudged downward 0.2 per cent.
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Calgary saw a 0.3 per cent slide compared to July of last year.% A* _1 u- M# \
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"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said. j1 d) [" x; e+ [! o# Y" w
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Even 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.* ]2 W2 d$ @3 P8 n
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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.1 F' P6 ~ h, b' _0 k* K
; W* W$ D. J/ H$ @. b7 l9 \As 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.( H. H) ~2 @" p( q$ z; _/ s3 G
- S% G) h# g) q" W$ r5 YPrices 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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% B! [! W% ~9 ~& e# ?% A1 Y" F; x8 C"The growth rate of the index has been on a downward trend since September 2006," the agency said.
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$ f( f9 @' B2 x( ]* g7 c# zWith files from Canwest News Service
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bmah@thejournal.canwest.com
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© Edmonton Journal 2008
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; l0 ?, [& T! |& @+ x; B" W/ V# C2 u7 H[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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