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不止是有点暖,是高烧~; W3 i! s, i( h% r
) s2 P a- u- d' vhttp://www.edmontonjournal.com/b ... ?cid=megadrop_story
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4 E2 d F$ ?5 x3 [# IEdmonton sees 26% spike in luxury-home sales
9 _& W6 |) B- z. C& Q A 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.
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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. ' w! S" \1 O/ H' h, q
( G* e* g" H7 `Fifty-five homes in the Edmonton area have sold for more than $1 million.
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The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.
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7 L4 H$ T# V- p! j: p2 I“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.”9 w, Q9 v3 n6 V% R
* Y0 e) S7 R4 x7 t9 nYear-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. D6 w# T7 }1 b
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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 2008.0 H7 M' I' V& B- \
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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. v) J; Z3 s' m0 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.0 x3 k/ w' c. D9 J" x% m
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“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said." x- a3 }( j3 M
$ L! v3 M F! }( y8 TFirst-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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9 f( J3 K& G" Y* sAn 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. u4 t+ i! m4 @ [
# R+ S% T9 S% x& PPrices 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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' i7 K* V8 g- ~“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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