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不止是有点暖，是高烧～
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8 F7 ~. P* J8 Z, R" @% `http://www.edmontonjournal.com/b ... ?cid=megadrop_story& y1 o0 `; b/ _: Q, c: q# a
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Edmonton sees 26% spike in luxury-home sales
' M: A2 Y' M7 b; w( N/ R High-end houses defy real estate cooling trend _/ O6 J2 l8 |2 {+ \$ o9 o
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1 S- y1 ~, e; M8 y1 E9 KEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
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$ ]- L, D' F7 z" B6 h3 m) o“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday. l: X( j2 `2 X8 P- F
& x, I& f- }# p$ g. kSales 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. $ R% {" ?2 y3 f& r& K' c
# O1 e" g- |% k! A( @! GFifty-five homes in the Edmonton area have sold for more than $1 million.5 A" B0 f6 {1 s( a u' j# E. ]
' u8 V' ] y! yThe urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.; `% b* Y' I7 ~6 m6 S9 `
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“Positive announcements in the oil and gas sector should spur renewed activity in residential real estate — as evidenced in the first few weeks of September.
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“Despite recent hikes, interest rates remain attractive with a five-year closed hovering at four per cent. The outlook for the remainder of the year is stable, with no real fluctuations in either sales or price.”: ?0 g' b3 n+ J: B
2 `1 x0 j% `# |( r" a9 }0 LYear-to-date sales have slipped 14 per cent to 11,773 units, compared to 13,694 during the same period a year earlier, the report said.
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/ ^+ _9 D- F! u0 d* G# |5 S1 R$ A+ qThe sales-to-listing ratio is now 47 per cent, down from 59 per cent in 2009, but up from 42 per cent in 2008.. d3 {* _! B* W4 ~
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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 $320,289, the report said.
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Inventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
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“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.! b A* c, _3 X. x* B e1 o* b
6 F$ t" o5 s8 N4 B$ p, V" UFirst-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.0 R9 z3 A' ]1 X! V
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An influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”: R/ d# }3 k2 b3 {; p
2 r. T6 L: b6 o% _5 b+ E& hThe report, which covered trends and developments in 19 major centres from January to August, found year-to-date sales ahead of 2009 levels in 11 markets.$ \4 Y5 D0 I: u! e8 v
. i( o' s& D; CPrices 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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9 _$ J0 \. e/ a" x$ i“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.& Q* L4 u/ d9 g, O/ ~+ @+ d
' O7 y6 X6 ?7 A) m7 D d* ]; }“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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