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不止是有点暖,是高烧~8 \4 ^ q2 L7 w6 h( W9 y8 R
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http://www.edmontonjournal.com/b ... ?cid=megadrop_story$ X2 [) }: I r" }7 T- B- Y
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% c; t/ h' f: `' JEdmonton sees 26% spike in luxury-home sales2 u- b- {5 h! W4 r& h
High-end houses defy real estate cooling trend
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6 v$ q/ Y$ K. ?3 M6 \6 ~6 tEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
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0 h/ K t- ]* y( e/ y; n0 d“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.8 E" P+ o, x; s; B
6 R. `& r" \/ B! rSales 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. ' f7 ^5 Z% ?- i+ K
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Fifty-five homes in the Edmonton area have sold for more than $1 million.
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+ E+ _( c; S0 e g; L, b" }# q- Q( V- `The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.3 G7 m/ ~/ j# h
. R- N& u; k8 Z) Z. Y0 ?4 \" B2 u“Positive announcements in the oil and gas sector should spur renewed activity in residential real estate — as evidenced in the first few weeks of September.
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“Despite recent hikes, interest rates remain attractive with a five-year closed hovering at four per cent. The outlook for the remainder of the year is stable, with no real fluctuations in either sales or price.”
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1 @- _- k$ W% OYear-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.2 m% t$ R( F' {' V* }- ^
2 ]. u7 K+ z( u. o* Q4 s3 r/ p9 ^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 ~. v( w" Y; S; _$ C; t) L& xAverage 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 $320,289, the report said.6 e# X& |$ F [! w9 `
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Inventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
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4 }$ y. o, d& f6 j6 p“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.; B% H2 ]/ B" w2 m& h) o! @3 j7 H2 Y
" U" o/ U8 I, n# _First-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.
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+ ?9 i! l4 V8 {+ x9 vAn influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”
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|# M# M3 S6 |$ W' {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.* ?; w) e* N4 g' a4 | \
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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., L/ n0 S% z' i, q6 t7 N w
q# w$ ]6 G4 p3 d- H! S' _“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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