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不止是有点暖,是高烧~$ ]% D) c% t- S `" X( L
/ U5 x" A9 |$ D0 ]" bhttp://www.edmontonjournal.com/b ... ?cid=megadrop_story
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+ `, J$ n' k5 |4 i6 n5 i% S# hEdmonton sees 26% spike in luxury-home sales
" f) t2 L* S3 f& W$ |, p# Z2 R4 n8 i High-end houses defy real estate cooling trend2 r# r2 U m2 n9 x/ j, ?( k
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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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! ^: u3 u4 h3 r. L; i6 e) a“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.
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Fifty-five homes in the Edmonton area have sold for more than $1 million.3 A" k {8 A$ }' {; ?1 ^# f
) Y$ f& ?/ V1 U# @# oThe 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.! j( d0 a$ S1 N: G) x! |( `) @& [
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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. ) W- [8 \4 W9 @0 Y
% M; e6 v! U. b3 M$ e: @! e“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.$ s' p# _5 U( O9 D
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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.$ N6 J% Y) E6 R* [
! N7 a+ `* a4 P2 \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 $320,289, the report said.4 }* Y( Q- @1 E4 c n/ E
3 L9 F; g2 X) @Inventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
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$ t, z3 }8 @- o" V; o# N8 ?. \“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.0 @+ u# G, d- m2 I+ I
' Y" Q& l9 ~7 X% |( gFirst-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.' V6 ]& x, W( B, i2 C
1 x9 ^# A: ^* i$ m" f$ i* ^7 P& 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.”
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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.' L0 K \' D s$ y5 o$ |* a; y
5 Q5 X3 f3 }6 O( J% q8 \0 y% xPrices 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.# Q' z5 A. S8 A! ?9 [
7 j Z" i! j( W/ `7 l- 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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