 鲜花( 150)  鸡蛋( 0)
|
不止是有点暖,是高烧~" W; V$ t! a6 x; {' q
2 _7 |" r0 M% f D% @8 F/ S- Thttp://www.edmontonjournal.com/b ... ?cid=megadrop_story
" r, h7 }" K! O4 j% S" t5 i
b/ I$ S2 W- P: n' q2 X0 L1 g/ @" }7 t
Edmonton sees 26% spike in luxury-home sales! |8 d1 N4 w. l. J. |
High-end houses defy real estate cooling trend
3 H- ?' W0 _& z/ B0 D T) A: I: l2 y1 ^/ y& O
+ W9 D) B; R' D) P4 `5 HEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
- x8 k# R3 Y0 e: _0 \" u$ H6 Y9 ^& B$ A% L- _* { w
“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( q2 r9 _2 n
2 u) D' K( Q* m( \6 `# H+ DSales 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. / `8 U* W5 z' s4 i
. W4 {& J }* G% yFifty-five homes in the Edmonton area have sold for more than $1 million.- r# L: q2 W" g( J% \% }! S
4 _7 L* @8 |3 `& y, @
The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.
) q3 K) U9 w y& w- R% c( D4 t3 z) T2 ~- n
“Positive announcements in the oil and gas sector should spur renewed activity in residential real estate — as evidenced in the first few weeks of September.
- @5 d { ~, U2 k, o5 ?: {# P0 z5 K+ }$ c2 X: @6 y& H1 k' D" U
“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.”4 ~/ d: f0 Y/ q# v4 u$ \/ r
* K! z2 V% _7 |' t* o
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.2 i( p0 I. o+ J9 }; U, V: s
2 n2 c/ Z& p+ h1 C
The sales-to-listing ratio is now 47 per cent, down from 59 per cent in 2009, but up from 42 per cent in 2008.7 B& ~* ]3 F6 b5 F/ m! N0 D. R7 z; N6 X
+ V" U6 o6 T @4 p! a4 X! b5 `
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 $320,289, the report said.
; x: U5 M! Z4 J
: [2 X8 ^0 ? ~+ aInventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
9 o3 D8 v$ X! d' h$ i& q' F [+ i$ j' k2 @" ~- \, }
“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.0 t! i, p3 X: f; r0 z
* ^7 T- l$ h+ i! QFirst-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.
0 G8 n' L3 h1 D" ^
* Q3 Y0 k' g& S$ S$ a- |1 tAn 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.”( u2 ? e' j9 K2 F3 Z! M! ^( m5 z
; L9 m0 v: ?3 X3 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.4 q& n" |! ?% T9 k
9 A: [9 M& B6 U# p: |3 R4 b6 V
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.6 G) E* w+ E% F; O
" f% f2 ~3 w m: ~$ s' 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.
+ O* A" P4 H d0 q. e2 ~) L* _* S
1 i5 [ m) n, e _* S g“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.” |
|