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Bill Mah, edmontonjournal.com# P8 N, P X6 R% Y/ N- B! z! f
Published: 9:53 am
8 C8 L" j1 x1 U& Q2 \4 z, M. aEDMONTON - 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.* ]5 o( g& Q- {
; f/ _* P9 z- Q! C+ tEdmonton's cooling market showed the biggest year-over-year drop of any Canadian city.
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# Q9 @. }. N% q$ e0 V9 u9 tCompared to June, Edmonton new home prices nudged downward 0.2 per cent.
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) a, ~0 W6 K0 U5 |Calgary saw a 0.3 per cent slide compared to July of last year.
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% S) K r6 X6 z0 u9 Z"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said.; ? H/ O2 l; I- u6 J( C+ b. @) ]0 g$ M
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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.
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$ v, X/ }2 D# F- l+ F [6 f; N) ]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.
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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.
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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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"The growth rate of the index has been on a downward trend since September 2006," the agency said.2 v- ~3 b* B) n! b/ D, {
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With files from Canwest News Service) x$ \: v1 {2 P0 U8 T
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bmah@thejournal.canwest.com
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© Edmonton Journal 2008+ s1 p* k! @( `/ ^+ t
6 q3 h' s( i* A( z$ u* a! h7 ^[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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