 鲜花( 0)  鸡蛋( 0)
|
Home values up more than 200 per cent between 1997 and 2007
7 c# x* d9 O6 v, K) A9 l4 z3 b# V3 ~5 Z' h8 h. D/ z
EDMONTON - Homes in Edmonton jumped more in average price than anywhere in Canada over the past decade, says a new report by Re/max.
( c/ C6 \- O9 I7 s+ f. q; Q, O% E _7 ^1 o
Home values soared 203 per cent between 1997 and 2007 - "making Edmonton the best return on investment in the country at an annually compounded rate of 11.7 per cent," said the report.
; |% q! H* R* n \6 v) B5 [' L5 O+ @9 r3 q6 I- f6 L
A home's average price in Alberta's capital rose to $338,636 in 2007 from $111,587 a decade ago.) k) C) Q' @. C3 _! J9 x8 y$ ^$ I
# O3 C3 c# G/ G! a
Booming population, limited inventory of homes and a hot economy are behind some of the tightest market conditions in the country, the report said.
# M3 K o" O; t8 A
7 ^7 {3 Q" K8 H: L5 o' H$ |First-time homebuyers sparked the explosion in 1996-97 and have powered the market since then, Re/max said. Buyers trading up, meanwhile, have stimulated sales at the high end of the market.
5 _, \) H5 ?' a
' W' K/ ~2 ~ @1 f4 @' Q5 k) S( s: OIn recent years, the report suggests move-down buyers, aging baby boomers, are driving the condo market.; f; j3 y! D) p7 H& E6 m0 c
! b9 e; ~ y, N5 }9 t( E7 l
"While 2007 was a roller-coaster year for real estate activity in Edmonton, 2008 holds more promise," the report said.. Y1 R* x# x, `( ]! C% M
2 N) Q: q! u- i; z- o) d: M( H. Y
It points to falling numbers of homes for sale, predicted lower interest rates and continued strength in the oilpatch.( e* a3 ^ l% \/ K
. ^ D) O1 n; G. R1 q, E, f
In Calgary, housing values nearly tripled, climbing to $414,066 from $143,305 in the same period. |
|
狗仔卡
发表于 2008-2-21 10:59
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
显身卡
发表于 2008-2-21 22:29
