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不止是有点暖，是高烧～$ c0 M, f: t: {
# `8 v0 v( \" u2 n8 t+ Whttp://www.edmontonjournal.com/b ... ?cid=megadrop_story1 P& M; @/ q2 O1 \0 U! ?! \/ q3 {
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( b' Y& u; h0 ?2 rEdmonton sees 26% spike in luxury-home sales/ `7 J& t) C' @2 }
High-end houses defy real estate cooling trend9 N, A6 f% r0 }; l1 a7 M6 g; e
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d2 J* ]& M( _4 Q# }, WEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
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“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.7 {/ a1 Z+ ?% C6 N
3 Y" D ?3 C( {9 C) x. ISales 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.; }+ K: S3 N) t2 E6 t! m6 i! }( c- \( v( e
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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.
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“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. / b( {6 L0 V$ t" {* d. \
5 M' r, F) A& X1 d/ W" s& q“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.”, ^: P( r! A- }! g- z8 |7 ^
, y& d) H6 ~/ {0 u) b# wYear-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.3 f' }8 ^+ N. S$ Q$ ]$ q* y
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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 $320,289, the report said.
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Inventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.! ?/ s$ _# W" J
1 K1 F6 G4 }3 o4 E' O! O$ M“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.
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' l- U$ k, J) L4 tFirst-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.
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An influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”, a0 m$ ` }- J6 L+ w1 v5 g8 ]
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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.% x: x: d2 U5 f6 ^; G( l
' ]2 H) u4 Z O' 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.! X- s4 A( t3 O
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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.0 ~8 [( }6 V7 k5 b+ [4 n3 P* {
, n/ h3 i3 }* a$ w4 z“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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