 鲜花( 150)  鸡蛋( 0)
|
不止是有点暖,是高烧~7 | R, [6 ]: {* {" S2 s8 u2 S
, b! o7 `) D) S1 W. U: w8 T" q2 {2 R
http://www.edmontonjournal.com/b ... ?cid=megadrop_story6 a7 b: c% d' S- y5 W- [
7 q1 ~( x# x2 b5 H; \) v
3 f* Z( J& _, q5 W/ j! z
Edmonton sees 26% spike in luxury-home sales
5 J; ]. X( R; d6 V. J! R' q High-end houses defy real estate cooling trend4 t5 Q+ y# i' b' b& F" @
8 a. w" |) `- O: k! B0 s! ]1 u
/ d8 z: d9 h# FEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
# _' W4 Z9 {6 s0 ^( g6 F) r+ Z- m7 {' g6 E) C
“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.4 E, _" q2 O4 {: x* a
2 r! B; P4 d" [5 t$ x. l8 T
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.
" b/ ~ |7 F: L& ~4 j( C3 m" [/ f) {% m# r6 D2 e1 u
Fifty-five homes in the Edmonton area have sold for more than $1 million.4 n! I* X p t
! l2 U* V2 \' ^4 N% C) |The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.* u- T4 T, y, c& w5 U- `$ y
4 ]/ N. ?) U* e. T& E4 i
“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.
; O+ I5 _% q! `" l2 M1 q7 O
5 i$ T! {, |6 J" m“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.”
8 K* h) }2 ^9 j( X) c# }5 O. o3 H9 G3 d1 E: x" A# g9 G
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.1 {3 i5 J- j8 Q! n
4 r7 \- s" w, X/ m5 {( a2 |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.
* [( N$ S, k }! r. z7 s; D" N+ B( Q- v7 t h6 P- M
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 $320,289, the report said.
! X% Z- Y2 Q% j4 [6 h- ^ @2 H/ a' x" c: o2 F& Z
Inventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
0 l' t" U! T# M4 d0 h% K; r* T U
9 ]2 |# X$ y! f5 Y8 i2 t# Q“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.
2 ~ ?0 T% w; Y$ |9 [* V* U0 \8 B: A! G$ ~8 _
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.
! i4 N% \) ?. q2 t' H# o- M% ?1 c* d9 c4 a3 S4 w
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.”
. |4 R* a6 A+ y* \5 X/ x! f Y- b9 L, E$ c
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.% h: O* @! X- \. d: c# u4 D3 p7 y
1 p8 r! r' t( |" k+ r+ a; l5 a
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. {1 P$ o+ l4 ?2 \
4 O0 F8 F! i: V7 d# {$ O5 M8 O$ h“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.
" U1 o5 w# _' Q4 i6 ?% J
3 o" A/ h: ^) D& j8 R“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.” |
|