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不止是有点暖,是高烧~2 F9 @1 x: G* |5 b: o
" G4 y+ e1 T: [# X* r4 X Ihttp://www.edmontonjournal.com/b ... ?cid=megadrop_story. k, D3 A5 c: ^$ r3 {* @5 L0 i
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I, _) O7 }7 l; |Edmonton sees 26% spike in luxury-home sales
* A. ]/ Z4 }1 @& V! b0 E- A$ j High-end houses defy real estate cooling trend
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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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“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.# P! C4 _0 x! p3 n& ^
2 r7 X4 U, Q" jSales 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 $1 million.! a/ A5 c: P7 d7 ~8 \8 f8 Y
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The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.
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“Positive announcements in the oil and gas sector should spur renewed activity in residential real estate — as evidenced in the first few weeks of September. Q# ~: r; U0 i, p! u
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“Despite recent hikes, interest rates remain attractive with a five-year closed hovering at four per cent. The outlook for the remainder of the year is stable, with no real fluctuations in either sales or price.”& f- f! u1 M' t- f' g7 L* `9 e
: h+ T6 D3 X. E0 _Year-to-date sales have slipped 14 per cent to 11,773 units, compared to 13,694 during the same period a year earlier, the report said.
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The sales-to-listing ratio is now 47 per cent, down from 59 per cent in 2009, but up from 42 per cent in 2008.8 A$ O9 F& k9 s' c8 G
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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.5 p9 e* Q2 @- @# h: G
. r6 I4 o! U* m ]Inventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
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# | U& Z# R/ H# o“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.7 }/ ?: c0 }, Z/ W' X
0 t u- @+ Z' o' BFirst-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales. c) F7 q. R5 z7 U# a, |
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An influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”- O) U% X f0 K* a' W& L9 w
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The report, which covered trends and developments in 19 major centres from January to August, found year-to-date sales ahead of 2009 levels in 11 markets.
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; l2 O0 y S6 p" G4 C( oPrices were up year-over-year in all cities, with five experiencing double-digit gains in 2010: Vancouver, St. John’s, Sudbury, Winnipeg and the Greater Toronto Area.$ N/ R' O+ U$ M5 s5 {
4 Z9 f+ Z; W! o' E) }“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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