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不止是有点暖,是高烧~7 k3 ~+ N4 o( u9 I
@8 Z6 L9 Y$ w- ]' u8 ]http://www.edmontonjournal.com/b ... ?cid=megadrop_story5 B4 a) s' x, f: ^
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Edmonton sees 26% spike in luxury-home sales: U2 k7 V9 w" `7 l% a2 K
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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$ D. a" o2 @. [, l% _, F u“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.: c/ {0 W; B& F' K' h
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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.
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Fifty-five homes in the Edmonton area have sold for more than $1 million.
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5 g- I: X& j+ `1 zThe urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.& S) l$ f( c3 `9 x0 m9 p: W4 F
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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.”
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1 n, V' y6 `& M/ a+ `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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( H; x: O+ p5 Y# d! RThe 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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& }3 X- s2 d+ qAverage 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.9 @. K6 w5 J) P# a1 o. |
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Inventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.- t5 z' `* m( ]
. ~8 x0 G7 e* ]" p* ]“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.4 [" H8 G8 u' ~/ ^6 {8 {
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First-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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! B4 U1 y, j7 m' EAn 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.”7 W7 X! o) x d
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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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& ] }' S7 w6 T4 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.
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- k: A. ^( [0 a“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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