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Edmonton housing prices slip

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发表于 2008-5-5 13:05 | 显示全部楼层 |阅读模式
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Edmonton housing prices slip# o. S8 ?0 [3 i" W3 Q. W3 z
Bill Mah, edmontonjournal.com
1 e6 U5 q! [  q; wPublished: 1:42 pm8 @0 e5 J+ z( {6 J- ^
EDMONTON - The average price of a single-family house in the Edmonton region dipped slightly in April, after three months of small increases, the Realtors Association of Edmonton said today.
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- b# O. R& J4 y! `3 s- j4 f7 uDetached houses sold for an average of $386,033 last month, down 0.4 per cent from the previous month. Single family house prices are down 6.6 per cent - or $27,455 - from April 2007 when the housing market was still simmering.# |  W* M* O; K- Z' `8 s

7 i+ H0 i- F: [. M9 v3 Y"The Edmonton housing market is stable, and buyers and sellers seem to be coming to a realistic view of housing prices," said Marc Perras, president of the Realtors Association of Edmonton.$ w9 r, _+ V4 y7 F  ]: D# O. V' X
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"While the typical sale is completed at 97 per cent of the asking price, many sellers have had to reduce their price to find the level that would attract a buyer."
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The average price of a condo in April - $256,947 - also dropped by 2.3 per cent from last month. 7 E3 n' Y* {, p( A' Z# N

6 p/ @& f0 O5 e" oDuplexes and townhouses sold last month bucked the trend, selling for 2.3 per cent higher than last month, at average price of $316,065.
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April sales of all types of homes through the Multiple Listing Service was 1,823 transactions - down about 25 per cent from the same month last year. But April sales were still higher than the more typical years of 2004 and 2005, the association said.& C/ n& X* D3 O6 h8 j
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The days a residential listing stayed on the market in April was 52, more than double the same month last year when it was 22.) S1 m7 \5 p6 d8 K/ z/ M" J$ D; p( H
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bmah@thejournal.canwest.com3 P1 q* T- S: Z, o
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© Edmonton Journal 2008
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发表于 2008-5-5 15:10 | 显示全部楼层
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发表于 2008-5-5 15:19 | 显示全部楼层
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