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不止是有点暖,是高烧~
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) k6 z3 Z: r1 ~. S' k( lhttp://www.edmontonjournal.com/b ... ?cid=megadrop_story1 c: _9 g- Z8 p& j2 P
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Edmonton sees 26% spike in luxury-home sales7 y" J+ F% M. S2 @$ r0 \" o8 k
High-end houses defy real estate cooling trend
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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.( S4 J/ N0 C; |; @2 s8 F+ w
4 l! w/ \! a- b/ _$ L“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.) W0 k9 P: V0 U! S. e
. n' `: _" ?" A( z: YSales 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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Fifty-five homes in the Edmonton area have sold for more than $1 million.! w, R5 ^5 f5 l1 @' a4 e
: q& M6 R* G- ?* nThe urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.9 D$ i% ^6 F, K; O# w4 h
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“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. : R# h+ M0 X A3 I, j% C
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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.”8 v# w! L3 n! Z0 [8 G% Z) q
, g- e$ p3 ^5 h1 lYear-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.! f5 H! n+ K' e; E8 D0 f/ ]
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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.
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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 $320,289, the report said.% e+ g! m* K7 h4 d D# N
# y8 d( t4 @* o- N5 LInventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
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* f. F* l g3 f0 u“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.
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$ u* ?+ v0 k% q# D' l+ KFirst-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.6 a; S* b, D2 c/ ?
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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. e! l! o' q- s% p0 b! h
7 Q4 T. s6 J( A- ~8 gPrices 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.6 D. I3 v; N, r4 z
/ t1 h/ |5 d2 F J“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.9 [! [* c+ n+ Y
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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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