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不止是有点暖,是高烧~: C2 T- z/ c+ Q
8 h w, w2 |: `: Qhttp://www.edmontonjournal.com/b ... ?cid=megadrop_story
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/ v4 M( {( ^) H/ bEdmonton sees 26% spike in luxury-home sales& D" O* Q7 N+ x) b
High-end houses defy real estate cooling trend( f1 q" B8 A/ ^" ]8 v$ T3 `
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& H3 r( m0 n# ~. x8 i( yEDMONTON — 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. 5 n# g5 a h, F) f6 T/ t
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Fifty-five homes in the Edmonton area have sold for more than $1 million.
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' C# |' z4 J' _$ r, r- _) xThe 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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6 L, x0 P2 p Z4 O6 \; `% f“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" b5 a U7 k8 h: N- s) i6 T
: M, Z+ w$ E$ ?8 v: ^“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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7 e" Y: h- P& V# `3 E7 eYear-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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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 t1 b0 O5 p& {2 y3 {# M
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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.. h; E0 ^8 G/ I3 P. Q! w. Q
3 n4 w- F* r S& C8 Q& A, jFirst-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.2 y: U8 w+ X! I% N' H* f; H# D9 Z
( h9 l7 T. |' T0 H+ z( Z& t7 VAn influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”2 H5 {, |' Y4 h$ r0 Y. n! U6 b
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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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. z) [& g# X6 c$ l' sPrices 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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“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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