Edmonton ranks 10th as most expensive downtown housing in the world!!

smalltown

Thu, April 12, 2007

Calgary ranks sixth as most expensive downtown housing
  D, F" P% m4 e7 K( O$ k. m  CUPDATED: 2007-04-12 16:38:42 MST


By NADIA MOHARIB, SUN MEDIA
& q# h( d$ H% W+ Q
) R$ w2 \3 T6 g  A& R( R  
& x1 _7 J- F  R, Q8 o. ~: z2 JMore and more Calgarians are buying downtown homes but paying top price for the prime location.
/ J/ d" l! {( G7 a# Z6 E+ T& N0 H
People who live in downtown business districts in Canada’s largest cities generally pay less per-square foot than people in cities around the world and enjoy shorter daily commutes to work, according to a recent survey done on first-time home buyers by CENTURY 21.
( S) L  N5 R7 a- ?5 D
; m$ y, W7 e4 E) `, s; j0 HCalgary ranks sixth most expensive of 31 cities surveyed around the world.
" h6 E; Q- M6 f6 c3 U* o: q
' P1 H* X/ x2 T. I) k- W, ]The cost to buy in Calgary’s downtown is even more than settling in Toronto’s core which ranked 16th in the survey with the average cost running $209 per sq. ft.

6 |4 J( w; o7 m; q" {George Bamber, owner of a Calgary-based Century 21 said it’s a sign of a city maturing and becoming more like Vancouver or Toronto where downtown is a place where people live and work.“You just get more real estate for your money outside of downtown,” he said.

( i3 _! r' f/ `6 V; l“To live downtown people pay for it.”
$ n% W" ~) f4 E% ?
A condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500.
9 [* L5 X. z3 P

1 [# w) W' w3 Y$ xStill Bamber said the interest in downtown living only seems to be getting more popular — a sign Calgary is “getting to be more like a big city.”
: D; T; K% |* y. _
Part of the attraction is affordability but also people wanting to buy in to a certain lifestyle, Bamber said.
6 }! w; p2 r" l- I' a* {! X& z
“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said.

He said 30 % of the housing market is condos - the bulk of which are in downtown.

The survey showed Vancouver placing fourth most expensive at $577 per sq. ft. while Edmonton was 10th most expensive at $322.
' }/ ]6 T" h. K2 b0 }$ W! j% |
In Calgary, a typical first-time buyer would choose a one-bedroom, one-bath 500-sq. ft. apartment in Mission or Connaught priced at about $250,000 and a 10-minute drive or 20-minute walk to the downtown business core and the Calgary Tower.

While those looking for life in the suburbs and a better bang for their buck typically see a significant cost savings.

4 f7 L! b) m( S. E: d. o( f9 R1 `A 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance.
) N) X* Y8 ]# G% e) _/ q7 r
# o4 N& n. `/ a. s. @# a- D: t- vFAST FAX
, S4 w, p; O6 e+ M( U: a
6 f- g$ K& |+ C2 I1 C- St. John’s and Quebec City had the lowest and second-lowest per-square-foot downtown prices of all 31 cities surveyed, at $55 and $93 respectively.— The two lowest per-square-foot prices for international cities were Istanbul, Turkey and Sydney, Australia, at $94 and $105 respectively.

( v2 V# Q5 K; B' U- I7 r— Vancouver was fourth most expensive at $577 per square foot while Calgary was sixth most expensive at $500 and Edmonton was 10th most expensive at $322 — Globally Paris was the most expensive at $1,051 per square foot while London was fifth most expensive at $532 and New York was eighth most expensive at $375 The 10 least expensive downtown housing markets as ranked per-square-foot for first-time buyers are; St. John’s $55 Quebec City $93 Istanbul $94 Halifax $97 Charlottetown $104 Sydney, Australia $105 Bogota $114 Mexico City $119

: l( g; I, c* ?7 _8 t& FThe 10 most expensive downtown housing markets; Paris $1051 Moscow $688 Seol $630 Vancouver $577 London, England $532 Calgary $500 Athens $375 New York City $375 Tokyo, $325 Edmonton $322.

smalltown

Are we living in New York or Tokyo?

xiaopang

不是真的吧。我朋友在纽约，他说他买不起房子，他住公寓，房租一个月2800美刀，不过据说很奢侈。比起来，爱民顿还是很便宜的，不过可能占工资的比例就比较高。我朋友两口子年收入税后将近30万。

dave2004

一点也不奇怪，最近一个世界范围内经理级房屋 (executive house)市场调查显示 (见上周环球邮报)：
7 ?& s  Z% c0 e+ Y世界排名前十位最贵城市中，加拿大名列第一，独占四名， 仅次于伦敦(第一)，纽约(第二)。

牛眼熊心

这数据是真的, 我在电视上也看到了, 可是统计方法有待考证.

- _: C* D5 A) \& SNew York City $375 Tokyo, $325 Edmonton $322.
; K! |1 ]; L) E6 T
/ E+ o' }) ]8 `; R3 Y0 U- _: Y也就是说edmonton的房子和东经,new york基本一样. new york的中心two bedroom房子没有个50万买不到, twowhouse起码上80万...edmonton还没有到这个价吧?

Listing Information
        Listing ID         932689
        Price         $465,000
4 ]) V" L/ G* w: T5 w        Bdrm(s)         2
        Type         Co-op
0 C- R' t9 B0 ^' A: Y        Rooms        4
9 U9 v$ N# Z/ v# F        Baths        1
" C! p3 r- J  w0 t! L3 k& {3 h0 ?        Monthly Tax        --
& B8 C* V- }3 B  b/ Q        CC/Maint        $707
这房子是new york Manhattan最便宜的two bedroom了, 其他的都上了50万. 要注意这个condo是co-op, 也就是说房子没有卖的权利, 要通过condo board调查买家,经过的同意才能卖.
! e  Y; @# u2 J( l' I
[ 本帖最后由 dgg 于 2007-4-13 14:39 编辑 ]