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不止是有点暖,是高烧~
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3 c( D$ h8 W$ m8 r( v! \http://www.edmontonjournal.com/b ... ?cid=megadrop_story
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Edmonton sees 26% spike in luxury-home sales
/ W" h3 C/ B; J8 i High-end houses defy real estate cooling trend* { I8 e& q1 w, u
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) _' w7 V1 `) p) R% P8 _$ i! G" {+ lEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.6 A! a8 N% }& x7 h; O5 W' H1 l9 B
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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 $700,000 are up 26 per cent over 2009, with 240 upscale properties changing hands as of August, compared to 190 units for the same period last year, it said.
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4 v0 Q. f8 ^$ R' s% e2 {Fifty-five homes in the Edmonton area have sold for more than $1 million.6 J+ K: B/ ?4 {2 H5 K2 ^7 _+ X, _0 f
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The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.% [" ?! x! j$ R" k5 L
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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.
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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.”' ~- L! J& \) Z+ Q* w+ P \
, a& w; C$ Q/ k( a2 I' C0 g& IYear-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.
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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.- F# u- D( ^3 D
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Inventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.+ k8 `: T6 [% F' D w f
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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 $350,000. Condos represent 34 per cent of residential sales.6 g# y6 r/ z: s" C e% a* A3 M
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An influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”
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The report, which covered trends and developments in 19 major centres from January to August, found year-to-date sales ahead of 2009 levels in 11 markets.
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Prices were up year-over-year in all cities, with five experiencing double-digit gains in 2010: Vancouver, St. John’s, Sudbury, Winnipeg and the Greater Toronto Area.
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( m! }' m; p6 x$ A- ^2 V9 p0 v“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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1 V/ G+ [6 ?8 B4 ?& n“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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