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

smalltown

Thu, April 12, 2007
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Calgary ranks sixth as most expensive downtown housing
UPDATED: 2007-04-12 16:38:42 MST
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By NADIA MOHARIB, SUN MEDIA

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4 w  ^4 |& ]' R; r& y* LMore and more Calgarians are buying downtown homes but paying top price for the prime location.

" M0 n/ ?% Q- _+ O: IPeople 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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  Z0 A& M) @* j. q; Z* ECalgary ranks sixth most expensive of 31 cities surveyed around the world.
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" g) m( P: n: B. w6 vThe 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.

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.
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* G4 b$ X  l3 f9 c* {8 m“To live downtown people pay for it.”
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+ [$ D; b+ J$ I* H6 uA condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500.

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3 G# n2 r3 L9 w0 x1 tStill 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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Part of the attraction is affordability but also people wanting to buy in to a certain lifestyle, Bamber said.
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3 L' R, \, V: [4 X5 |4 Q“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said.

) z* z+ C: J2 I9 i- x: O: k6 i3 a  IHe 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 $322.
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. Z. C7 [4 \$ Y, n  }$ U6 JIn 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.
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While those looking for life in the suburbs and a better bang for their buck typically see a significant cost savings.

. h, z/ I9 a$ A: iA 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance.
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' r! T% p% |4 s( |5 p$ Z/ S- 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.
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0 d3 p4 d. w6 y( y2 F- S1 p( v' H— 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

* k, h! T/ l6 Z7 t4 U6 E: b# RThe 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)：
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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New York City $375 Tokyo, $325 Edmonton $322.

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?
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Listing Information
        Listing ID         932689
. h! W# A8 b; r; t7 p        Price         $465,000
        Bdrm(s)         2
        Type         Co-op
) E- d% [5 t9 s& o        Rooms        4
- Z. w  Z% A- x0 l        Baths        1
        Monthly Tax        --
8 y3 c. Z: ?6 L+ `/ k        CC/Maint        $707
; S# ?8 }8 M" G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.
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0 M" h  w+ g9 U6 K5 a[ 本帖最后由 dgg 于 2007-4-13 14:39 编辑 ]