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不止是有点暖，是高烧～
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% N! Z, B( R' X8 B/ M6 Y! Bhttp://www.edmontonjournal.com/b ... ?cid=megadrop_story; h. s: c( o: u$ l- G, Z0 `1 U# [
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Edmonton sees 26% spike in luxury-home sales
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T& g, L/ B8 m( d& H- _5 q. QEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
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& j, Y( V. G+ a2 h) Y5 B, r“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.: j' d4 H; R2 Y" l
9 g& Q" e9 P8 {6 ]# x4 L$ j1 OSales 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.
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Fifty-five homes in the Edmonton area have sold for more than $1 million.7 P$ _% n/ E, E ?
! I1 D7 A' B @5 r: }4 M' r$ |; H0 xThe 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." h, z4 Y/ ]! a6 J' k& P1 x, c
: h# K% ?: n7 h/ c$ S“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. % p1 V+ @' e! p/ s
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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. `* g: s8 [* C7 A
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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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% }6 q) l9 A( C8 |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 $320,289, the report said.2 {5 {: a9 R$ u
! q' X4 _0 w0 D+ i4 |, E( j$ JInventory 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.3 f# `( ]3 R. E" X- X: }
* ~1 k* \9 w- L. N) |/ ?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.”
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9 p# k0 a6 B/ J# LThe 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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% B: J. j* |2 f3 l% s# g hPrices 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.- M( | v" q* l3 m. c/ B
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“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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