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不止是有点暖,是高烧~$ k+ Y, d V$ ]7 q9 Y
6 [' w. }% L* l' U# N; Nhttp://www.edmontonjournal.com/b ... ?cid=megadrop_story0 @+ [# Y8 I, G
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Edmonton sees 26% spike in luxury-home sales+ Z0 L& ]; ~3 w' Y; {
High-end houses defy real estate cooling trend# ~/ z# O0 u! V4 O: [4 ]+ T8 G
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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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$ p* l0 N! E" p9 _5 @“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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$ O$ q; A. D6 N4 t& T6 s+ D: U6 j' ySales 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. 3 O7 f9 X3 g* _) p# V: G5 t
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Fifty-five homes in the Edmonton area have sold for more than $1 million.
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" `2 V6 q! H) b& }. I/ ]$ g. B8 yThe 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.( |( o O2 B( D. |
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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. : K# a' u9 M; M% i
. A1 z+ G5 F" }2 D' ~7 L“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.”* Y _, P1 ]2 u
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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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8 g6 F! }/ u0 i: \, ]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 F% L5 w# a0 _3 o m- u0 Q6 D0 V4 w
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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.1 f5 V; B7 I7 b+ {+ F, f/ g2 ~
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“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.
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) [/ i6 h5 |1 T2 w3 j2 t% eFirst-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.+ M* j M9 ]" f' O3 X& x0 W
$ X3 Q" H0 B7 C6 l) w; _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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# Z" Y. y- M$ PThe 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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`8 \+ r! |" Q# ~" h7 FPrices 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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- G1 A! v O7 x; O6 A! A4 Q“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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% s- M) E4 w% }8 D3 M8 ^, P- f# 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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