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Edmonton housing prices have largest one-month drop in city's history
- i. B0 J0 L1 f" C3 n' _Edmonton Journal2 ~' |+ F' r% u( R* B a( I
Published: 12:09 pm
! m& E& \% C1 b$ v1 ?- PEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history." {) Z. `7 K9 w- ~$ }
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.
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Inventory rose to a record level of 9,185 listings with 4,331 homes newly listed during the month and only 1,229 sold.
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3 {- {5 M4 Z3 [9 _/ P0 q9 ^, uOne year earlier, inventory was just 2,138 units.
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: y; P$ {' D3 f1 m8 KWhile 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.) `8 m3 T2 x" _. r9 b/ ^
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Average 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.
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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 $10,720.
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5 M$ Z/ x! g8 d' B3 ^' i© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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