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不止是有点暖,是高烧~: A3 w0 i6 z/ l: ]- _# W% L+ G
4 C' U. ]+ p2 m0 b2 {http://www.edmontonjournal.com/b ... ?cid=megadrop_story$ x5 m- Q6 m4 O9 e6 y. }
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Edmonton sees 26% spike in luxury-home sales- n( u6 i4 c1 `: H
High-end houses defy real estate cooling trend1 b5 n% Z+ e# L' @
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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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) n. R, W$ d7 S. B5 _' H“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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0 M2 r, Z3 G4 x- N& ^' DFifty-five homes in the Edmonton area have sold for more than $1 million.! l$ n. W, s8 X
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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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- h) D3 W$ \8 M3 \$ I$ k“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. 7 I* I2 {, p( @/ o% l' E' Q
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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.”9 O) {; Z" }& i
R: x! k' P6 P1 Y) P7 X/ fYear-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 2008.2 n) W: ?0 B+ X- T% e( A
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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.
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Inventory 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.' E& Q3 X( T& x( h, f3 l
+ c/ x/ A x9 t! ?First-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.
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& o. f k8 G# n1 ?2 p* x" z# k& lAn influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”/ N8 Z8 u+ U/ Z* `/ l+ d
0 o# `$ G' g! [5 u; cThe 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.% N7 q6 j4 g, k* G7 h0 ?
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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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# s) f9 v5 m) P @“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.( R6 K8 G9 M; J
; M$ a6 S5 A4 g: p, w8 w5 i“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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