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不止是有点暖,是高烧~3 Q: E* c$ l, m Y
% {& m: {9 @! h/ N7 Qhttp://www.edmontonjournal.com/b ... ?cid=megadrop_story
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Edmonton sees 26% spike in luxury-home sales
6 C7 P/ d4 I+ Z+ J. l' O- B High-end houses defy real estate cooling trend
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0 J( D9 Q d( H) S- b1 iEDMONTON — 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.5 S0 L- Z7 [/ A; n( B+ O0 T
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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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; n: [( ]# v( d. _0 z0 J% s6 gFifty-five homes in the Edmonton area have sold for more than $1 million.: r. a0 H. _4 i8 a* p
* E. ~) z/ w( k5 y# W+ sThe urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.
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“Positive announcements in the oil and gas sector should spur renewed activity in residential real estate — as evidenced in the first few weeks of September. ( C% s4 {, A( D. H( f3 X/ c
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“Despite recent hikes, interest rates remain attractive with a five-year closed hovering at four per cent. The outlook for the remainder of the year is stable, with no real fluctuations in either sales or price.”6 d3 ~3 y: ^/ M
2 ]/ y* B& r1 ^) l, }& L1 gYear-to-date sales have slipped 14 per cent to 11,773 units, compared to 13,694 during the same period a year earlier, the report said.
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/ C9 j' O' S. P5 [0 UThe sales-to-listing ratio is now 47 per cent, down from 59 per cent in 2009, but up from 42 per cent in 2008.$ V; e. m" c5 G1 c5 |
4 ]+ [5 ?" \& F" EAverage 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.- C. l) ~5 [) w" V# @
4 D; R1 u& n) R1 U" AInventory 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.
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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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% ] d+ b4 Y9 g# {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.”) B! K0 m/ B3 m5 _
: h+ ^* ~( _6 ]. j; }/ D% nThe 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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. c' B" ~* z* H& G* [Prices 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.( t4 X! e0 E5 f4 o, {- W* w y8 l8 w
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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.8 J5 M. M Z) J( j* e3 H
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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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