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不止是有点暖,是高烧~ z* ]4 d- ^- E. ?0 i, J8 s" @6 b% I
# {1 t Y3 `% P$ S2 w: G$ phttp://www.edmontonjournal.com/b ... ?cid=megadrop_story
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/ m9 M% W5 C$ h2 n0 DEdmonton sees 26% spike in luxury-home sales
( {8 t Z( G) W% O2 e$ L High-end houses defy real estate cooling trend
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1 u& n) c8 V* K4 B8 NEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
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8 W: F" w9 h& J“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.) G5 x( e7 x* X% l' z
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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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9 W+ \. K0 f; E+ ~Fifty-five homes in the Edmonton area have sold for more than $1 million.
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The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.
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+ T2 p4 x0 G% k v“Positive announcements in the oil and gas sector should spur renewed activity in residential real estate — as evidenced in the first few weeks of September. ! V$ a. z7 a! }8 {+ L. T
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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.”- z2 A% o8 w. h ^6 D6 j7 d0 b
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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.) [) S1 s5 u1 n) {6 s" L) P# B
' w+ }, i; c4 p* a+ Z: 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., [' {! p& V+ R' y
7 o) [- E; Y3 r4 } A# cAverage 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 $320,289, the report said.
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8 I+ G% b& Z4 yInventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.: S: s4 \% A i
1 n/ m; Z/ A- L5 r" ^, z. a. K, d5 O6 a“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.! w, r$ W* G% ~& } W, p
% R) D$ I, n4 YFirst-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.& _8 s: p* n* k5 x. C
6 V9 k& j+ S1 U2 ^* ^ H$ d' HAn 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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" I( g# p: m2 [# g% K) ~. b4 IThe 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.: A1 }2 w# P9 x% A& |
6 y7 f$ V' w1 M$ z“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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! @7 b2 z$ H' M% m- T“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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