Average sale price of Alberta homes down from 2007

水管工

Average sale price of Alberta homes down from 2007
Mario Toneguzzi, Calgary Herald
Published: Friday, May 23, 2008
CALGARY - A sign of the cooling housing market in Alberta was evident in numbers released by the Canadian Real Estate Association today showing the average MLS sales price in the province in April actually declining compared with a year ago.
4 T+ ?- s( ~9 f! A
The CREA report said the average sale price in Alberta was $353,515 last month for all residential properties - a decrease of 1.7 per cent from the $359,640 registered in April 2007.

It was the first year-over-year monthly decline for the province since July 1996 when it decreased by 1 per cent.
The number of sales throughout the province also fell by 23.2 per cent - 7,803 units in April 2007 to 5,996 in April 2008 - while new listings soared by 25 per cent - 14,017 last month compared with 11,213 a year ago.
/ |) k& d8 b4 t; U
/ b3 l) W+ C# w0 aNationally, the CREA report said the average MLS sales price rose by four per cent - the smallest year-over-year price increase in over six years - to $317,619 from $305,499 in April 2007.

8 L, p6 }3 S: }  uAcross the country, sales dropped by 6.2 per cent compared with a year ago (52,385 units to 49,114) while new listings increased by 20.3 per cent (82,501 units to 99,248).

CREA said the number of new listings for homes for sale on MLS in Canada reached its highest level ever in April. Two new properties were listed for sale for every home that sold through the MLS system, said the national organization.
, P: S# |/ `! m# ~+ Z
- N" ^/ }7 M% ~* e"This price trend is in line with the association's projections for the balance of 2008," said CREA president Calvin Lindberg. "Price increases are now maintaining at levels that are historically more consistent with the Canadian real estate market.

) V3 h; N5 }, H# W, e5 R"There are more listings on the market which means more choice for the buyers. That also means sellers have to pay more attention to how they price their home."
4 H$ Q) u6 L* G6 l3 u
The association's chief economist, Gregory Klump, said new listings are trending higher in Calgary, Vancouver, Edmonton, Toronto and Montreal - the country's five most active markets.
, D3 M4 u! t- f* H$ O
"New listings are forecast to rise further as sales activity continues retreating from the peak last year, resulting in an increasingly balanced resale housing market and smaller home price increases," he said. mtoneguzzi@theherald.canwest.com

eagle2008

yj151

catty

房子跌不跌，看看自己小区的listing，很容易推算出来。我觉得Average sale price 不能准确反映市场到底如何，现在小区listing的最低价变化情况才是市场的脉搏，正如去年初的最高价才是市场的准确反映一样，realtor应该很清楚现在的市场如何。