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Edmonton housing prices have largest one-month drop in city's history8 [: H% z: H ?% Q
Edmonton Journal" ?: m0 L7 ]) h/ v7 M- m
Published: 12:09 pm
8 Y# ~1 }* g7 v! H! kEdmonton-area home prices fell by almost $10,000 in August - the deepest drop in this city's history.: R" T. M0 Q* ?. ~4 F
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The August average of $344,792, for all forms of housing, was down 2.8 per cent from July.& b) ~1 w5 W3 {/ R; }; v
3 G$ e6 v0 b1 m8 ~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 v+ ^4 G! O: m' L/ e* a7 u
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One year earlier, inventory was just 2,138 units.' A. g# m: |/ Q
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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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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.: \4 q) t+ z; C5 Y2 Y5 K
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+ f8 F: Y' i. x5 k* |* _) h© Edmonton Journal 2007 |
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发表于 2007-9-5 12:33
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