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不止是有点暖,是高烧~
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# h8 h$ ^: i9 e2 w# yhttp://www.edmontonjournal.com/b ... ?cid=megadrop_story" a/ q7 t- a& n$ F
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Edmonton sees 26% spike in luxury-home sales
- k9 i0 J* B1 _9 ? I3 g High-end houses defy real estate cooling trend8 E7 F Y* ^; u1 [
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7 V( }1 R+ l& H2 B# CEDMONTON — 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 |9 J0 n3 q2 R3 `, V- f6 |“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.+ _$ i6 }4 X6 u8 X3 k9 V# w+ K
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Sales 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. , t/ J0 U& g: @- r4 W
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Fifty-five homes in the Edmonton area have sold for more than $1 million.. J* |2 ?1 o, M/ I9 X; p s
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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. ' o' U5 d+ z4 C8 Y5 u* m
4 q( F( D2 h m1 b“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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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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) |7 ~6 w. ^( ~6 p# c! _/ d5 {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.* K+ [/ p% r4 q, x5 z f
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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./ O- s, l. J" H: h# f- a0 |
. h+ \+ u6 b- I6 M" R0 ^- HFirst-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.”
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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.: [* h Z0 \0 q
2 L" f* x( t4 ~ GPrices 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.5 m3 o# G0 `' [+ [) m* `8 P: _9 f# 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.
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- j" B+ i/ z4 ~- e, `( g! V% 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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