Slide in new-home prices slows
Filed Under Main Content · Tagged: Calgary, Economist, Edmonton, Hirsch, Previous Year, Statistics Canada, Vancouver Sun
The Vancouver Sun- The price of a new home in Edmonton remained flat in May from a year ago, according to data released by Statistics Canada Thursday.
Edmonton registered only a 0.1-per-cent 12-month dip in the contractors’ selling price, the federal agency said Thursday.
Since July 2008, prices have fallen each month by as much as 12 per cent from the previous year.
ATB Financial senior economist Todd Hirsch said both Edmonton and Calgary have seen new-home prices trending up in the first half of 2010 after spending much of the past two years priced below the previous year…
