Edmonton new home prices see biggest drop in 23 years

水管工

Bill Mah, edmontonjournal.com
8 ?/ L' T' c6 F2 i1 J. D% b5 ePublished: 9:53 am
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.
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Edmonton's cooling market showed the biggest year-over-year drop of any Canadian city.

Compared to June, Edmonton new home prices nudged downward 0.2 per cent.


Calgary saw a 0.3 per cent slide compared to July of last year.

, |$ Q4 ^  i7 ^" P$ \"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said.

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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& Y9 j. m7 c! R+ K/ Q" e5 ^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.

" [/ D2 e; C# YAs 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.

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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5 a: d' F9 l5 s; D5 Y8 g2 S+ t/ l"The growth rate of the index has been on a downward trend since September 2006," the agency said.

' z- h% l4 i3 a/ m& xWith files from Canwest News Service

bmah@thejournal.canwest.com
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© Edmonton Journal 2008

[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ]

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醉酒当歌

有过最大涨幅就有最大跌幅，属于正常！还会继续走低！谢谢分享！

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水管工英语太好了，能不能给翻译一下啊？

w_20080808

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