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Bill Mah, edmontonjournal.com; {/ ?' b7 S2 K; G
Published: 9:53 am
* w- ^ _9 t, MEDMONTON - 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.
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$ F! Z2 P5 `" r9 C- W, W+ rCompared to June, Edmonton new home prices nudged downward 0.2 per cent.; p$ Q; X; X; J3 Z5 t
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Calgary saw a 0.3 per cent slide compared to July of last year.# t: Y: j- _- V, w% s ]3 W6 O
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"Markets in these cities continue to adjust after experiencing record price increases in the last two and a half years," the federal agency said.
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6 r" Y& T# |3 Y/ S5 O/ d7 |0 g9 rEven 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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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.1 | M: t* q$ }6 |9 C5 R
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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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( K9 y+ }; }/ i3 dPrices 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.
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3 Y) T# S% O6 s2 u4 O% qWith files from Canwest News Service
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bmah@thejournal.canwest.com
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% [3 g+ T/ y& p2 e! T5 h© Edmonton Journal 2008
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, o' R2 k% H# Y o[ 本帖最后由 水管工 于 2008-9-11 10:24 编辑 ] |
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