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不止是有点暖,是高烧~
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) c. r- Y7 w: Ahttp://www.edmontonjournal.com/b ... ?cid=megadrop_story
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Edmonton sees 26% spike in luxury-home sales( Q6 l# h) ?) B4 T
High-end houses defy real estate cooling trend
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8 {* C+ d; {5 G: [* A1 \$ rEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.& D3 `" h; U6 A; ~1 u
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“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.
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4 D8 u. Z: Q* Z1 oSales of homes priced more than $700,000 are up 26 per cent over 2009, with 240 upscale properties changing hands as of August, compared to 190 units for the same period last year, it said.
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$ j4 N/ G' C4 G0 a CFifty-five homes in the Edmonton area have sold for more than $1 million.6 Q6 O- B$ G* ^ p: n
# i* T( v9 G# `! p% EThe 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.
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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.
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' _3 s6 t* D% s. R- M8 Y* a+ @1 `6 ~“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.” ^9 i9 n2 W6 c- ^5 _+ R. h
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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.) y% e+ ^# T7 ?3 j/ P) x
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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.
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/ |/ J+ C& W1 y, V/ dInventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.4 O2 H& _6 r* a
% {3 j9 Z, Q" r2 J# s) E. @8 ^( y/ h/ r“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.
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First-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.9 X1 ^& M0 Z) l# }
' b0 s3 K( `* F3 gAn influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”& N' v0 C5 _) z% h
/ Q. ?- X, j8 z# ?3 C7 U* LThe report, which covered trends and developments in 19 major centres from January to August, found year-to-date sales ahead of 2009 levels in 11 markets.1 F5 j( K' y) [+ b0 y! j+ ?- g
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Prices were up year-over-year in all cities, with five experiencing double-digit gains in 2010: Vancouver, St. John’s, Sudbury, Winnipeg and the Greater Toronto Area.
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) s0 k% v6 q7 ]$ a% H“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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0 q' l4 E7 M4 b/ x% D' w“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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