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不止是有点暖,是高烧~
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! `4 L4 s: s2 q. X: Khttp://www.edmontonjournal.com/b ... ?cid=megadrop_story4 Q5 q# p0 n* ^+ T
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Edmonton sees 26% spike in luxury-home sales
8 t0 n9 f! s& O* v) l1 n/ ^ High-end houses defy real estate cooling trend! z: a$ }, W+ _, i! k8 g8 L9 N
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EDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
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8 d3 K9 y0 E; j“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.
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( l! P0 @1 l, ]: P9 }/ i% Z: d( F: e* jSales of homes priced more than $700,000 are up 26 per cent over 2009, with 240 upscale properties changing hands as of August, compared to 190 units for the same period last year, it said. + E [7 M9 u$ T2 d
3 s5 r7 U9 I: l- n) y5 z7 t( R5 fFifty-five homes in the Edmonton area have sold for more than $1 million.
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: s* j# k) M2 g& B l% MThe urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.
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# f, |0 d! {" ~9 |“Positive announcements in the oil and gas sector should spur renewed activity in residential real estate — as evidenced in the first few weeks of September.
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“Despite recent hikes, interest rates remain attractive with a five-year closed hovering at four per cent. The outlook for the remainder of the year is stable, with no real fluctuations in either sales or price.”
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Year-to-date sales have slipped 14 per cent to 11,773 units, compared to 13,694 during the same period a year earlier, the report said.
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The sales-to-listing ratio is now 47 per cent, down from 59 per cent in 2009, but up from 42 per cent in 2008.
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Average price is holding steady, up about four cent to $332,789 in 2010, about $12,500, or 3.9 per cent, higher than a year ago when the residential average was $320,289, the report said.8 l/ o, n, ^8 N
, p8 Z ^$ O( h4 r3 ~Inventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
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$ m! Y9 w+ `. p! M, Q# q“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.
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First-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.
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An influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”$ t- j' c4 x+ d) ^8 a2 _& j, e. n2 j
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The report, which covered trends and developments in 19 major centres from January to August, found year-to-date sales ahead of 2009 levels in 11 markets.
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( e' G o' J! I6 L, `/ W- LPrices were up year-over-year in all cities, with five experiencing double-digit gains in 2010: Vancouver, St. John’s, Sudbury, Winnipeg and the Greater Toronto Area.
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3 H. }# L9 q/ \" T+ q9 D, W, U“We cleaned up in the first quarter of 2010 because housing activity during the same period one year earlier was dismal,” said Elton Ash, regional executive vice-president of ReMax, Western Canada.
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“We’re now comparing the second half of the year to 2009 and falling short of expectations. Looking at the big picture however, the market remains healthy.” |
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