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不止是有点暖,是高烧~4 i6 j# M$ {2 b2 _
8 k: U" f/ f: Y9 r( E" q2 _http://www.edmontonjournal.com/b ... ?cid=megadrop_story
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Edmonton sees 26% spike in luxury-home sales
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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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: P7 B) k% P: ]) y; b/ X' V“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.% F" {& B3 Z; w: r7 v" d: f `
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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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5 [2 p4 z+ v( C! h6 SFifty-five homes in the Edmonton area have sold for more than $1 million.
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The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.
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( r# \; Q* N# B6 B“Positive announcements in the oil and gas sector should spur renewed activity in residential real estate — as evidenced in the first few weeks of September. 4 v$ z _/ ?& d0 q8 T
+ K) Y- O4 u9 B# D. 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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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.3 K$ c$ o' s! h
- E5 z% [' p9 t( H' X$ v% uThe sales-to-listing ratio is now 47 per cent, down from 59 per cent in 2009, but up from 42 per cent in 2008.0 o* G! \6 Y4 W5 b H
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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 $320,289, the report said.& d1 ^. u9 G' C' o! u$ C7 I7 e
# J. n! V. X8 M3 t# Z8 t1 j- \8 @8 qInventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.8 Y' A/ Q$ g# k9 R8 q7 S
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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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, S! U' m5 m( N6 g+ fFirst-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.
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An influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”
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! q: }6 m* _ \* p5 ]- b6 P4 PThe report, which covered trends and developments in 19 major centres from January to August, found year-to-date sales ahead of 2009 levels in 11 markets.
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$ x( }1 F2 [- z! O# c; J4 d' DPrices 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.$ k X7 s& ?7 N% x; o
. [$ |. m! W, |% g“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.1 i8 S; r& E: I/ L0 s5 V& s" E
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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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