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

smalltown

Thu, April 12, 2007

! U0 M0 c" O, ?. X" i3 tCalgary ranks sixth as most expensive downtown housing
. u" q7 J" E' ~. N, E0 _7 oUPDATED: 2007-04-12 16:38:42 MST


By NADIA MOHARIB, SUN MEDIA
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More and more Calgarians are buying downtown homes but paying top price for the prime location.

2 e* V# h4 T9 ]% w$ ?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.
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Calgary ranks sixth most expensive of 31 cities surveyed around the world.
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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.

" o, F0 j9 q. eGeorge 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.

“To live downtown people pay for it.”

! X# ]8 K+ O/ I4 |A condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500.
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Still 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.”
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- D( }7 z4 y! ~7 o3 b7 e' ?6 VPart of the attraction is affordability but also people wanting to buy in to a certain lifestyle, Bamber said.
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“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said.
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He said 30 % of the housing market is condos - the bulk of which are in downtown.
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The survey showed Vancouver placing fourth most expensive at $577 per sq. ft. while Edmonton was 10th most expensive at $322.
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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.

6 |& G  S  \, s# B$ S7 H, vA 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance.
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1 E3 D) w! r$ }2 Z5 rFAST FAX
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  v8 y* O; B3 O. M" u- 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.

& H# k7 d+ |3 t5 E$ m2 ]— 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

- v5 Z) I% M* z1 X5 M/ g( KThe 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)：
: {$ d3 ]/ p2 y# n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.
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" a& k& x# F/ y  |New York City $375 Tokyo, $325 Edmonton $322.
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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?

' j! E3 W/ y3 RListing Information
        Listing ID         932689
        Price         $465,000
- ?4 S( L3 A" h3 Q5 ^1 a$ H        Bdrm(s)         2
        Type         Co-op
        Rooms        4
        Baths        1
9 K7 e% w* g' V1 g5 E! M7 A" X5 D1 b        Monthly Tax        --
" J" Z  g1 q2 f2 A/ H        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.

[ 本帖最后由 dgg 于 2007-4-13 14:39 编辑 ]