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不止是有点暖，是高烧～
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. e; |/ K% N2 a" C, j3 bhttp://www.edmontonjournal.com/b ... ?cid=megadrop_story+ P; v8 U5 i$ t; Q) I; t
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Edmonton sees 26% spike in luxury-home sales
& s- ~5 u5 X6 J1 y* b6 E) N! H/ Y( q High-end houses defy real estate cooling trend7 y' {% H! G t- `2 W
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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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7 c) u3 w/ B% S' N7 P T4 x9 u“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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Sales 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. " R6 f+ i6 J" ?+ @
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Fifty-five homes in the Edmonton area have sold for more than $1 million.; _3 ~1 p" C- {
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The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.7 u9 b" A* r3 |7 }- c# }
, z3 H/ H+ {2 b! ^3 ]0 g2 h“Positive announcements in the oil and gas sector should spur renewed activity in residential real estate — as evidenced in the first few weeks of September. / O# G; y2 M# q5 w8 ~
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“Despite recent hikes, interest rates remain attractive with a five-year closed hovering at four per cent. The outlook for the remainder of the year is stable, with no real fluctuations in either sales or price.”
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: b4 H. X; Y# a6 nYear-to-date sales have slipped 14 per cent to 11,773 units, compared to 13,694 during the same period a year earlier, the report said.
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1 T& P/ |; E0 {1 fThe sales-to-listing ratio is now 47 per cent, down from 59 per cent in 2009, but up from 42 per cent in 2008.
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: w+ G, I7 o9 Q$ C; tAverage 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 $320,289, the report said.
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( E' y* Z; _$ h0 A$ Q3 n J- V/ PInventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
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“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.9 U- p6 _. A6 q7 L$ Y8 r- [
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First-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.1 K8 u1 R; I. w& J9 w- d# k
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An influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”) ^. r0 n: W' U L, O
4 f* o5 E$ f9 T7 h, TThe 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.' j# N3 d" {3 ]& M
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Prices 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.' \; c5 r5 [) d
' A3 x% C! w* i0 Q: k“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.& l5 x5 }2 N/ Q1 e
. n; B; E, X2 o# X9 c“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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