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不止是有点暖,是高烧~; H- ^* P# |2 f) q7 I3 E! h# z' Y
5 J; I) e0 |+ |http://www.edmontonjournal.com/b ... ?cid=megadrop_story: C8 n- m. z! t
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+ l- l/ Q. c/ U$ d1 } J+ FEdmonton sees 26% spike in luxury-home sales8 z# U0 V: r! M- d; G6 x8 Y
High-end houses defy real estate cooling trend
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. q' O' e; z% c+ u9 ^EDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.9 h2 B/ }9 z# a5 r }1 e
; j: }& `2 ?# Q$ p“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.1 x9 R3 Q4 D# t& y& Q: H
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Sales of homes priced more than $700,000 are up 26 per cent over 2009, with 240 upscale properties changing hands as of August, compared to 190 units for the same period last year, it said.
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) N0 X1 D1 A- {8 A/ y M$ vFifty-five homes in the Edmonton area have sold for more than $1 million.
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* w2 {& ]3 @& B( ?0 a0 qThe urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said./ f9 Z! g) d: u; h: F& h( E) C
6 ?6 a6 W2 F2 J& H1 G“Positive announcements in the oil and gas sector should spur renewed activity in residential real estate — as evidenced in the first few weeks of September. " d. P4 B7 G) [9 m2 K2 f$ \9 T, V
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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.” w# R6 B! x# Q* [
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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 [' b7 Z7 ^3 p% F! B c( U
+ b7 |0 o; K+ S& N" EThe sales-to-listing ratio is now 47 per cent, down from 59 per cent in 2009, but up from 42 per cent in 2008.5 M: f" }4 \3 m6 h+ h( i& Y2 B
) h; i' Z% a9 w! K% `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 $320,289, the report said., C8 g$ u9 F% k c& |
) |5 n% K! S1 i) }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.( P. V. U$ W% b3 ]
+ ^% g# S% M- E- N/ n- iFirst-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.) ?! ?/ e9 w7 Q; Z$ i! H$ \
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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.1 ~! x& e% S* F6 v
9 B- \' O _9 f, k! A! D. ^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.: E6 M p) x" u7 M o
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“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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“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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