 鲜花( 0)  鸡蛋( 0)
|
Home values up more than 200 per cent between 1997 and 2007. y2 \# f! G3 r/ w
* t T, D7 E$ n( t5 ]" h0 l: q
EDMONTON - Homes in Edmonton jumped more in average price than anywhere in Canada over the past decade, says a new report by Re/max.
6 m: z( O# a! \8 r# L ^
" b# q* g( Z. b# W( I. t4 o8 z, aHome 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." b, w% d; U& N/ Q; F" Z
M' i }7 L# I( [: T7 _9 D
A home's average price in Alberta's capital rose to $338,636 in 2007 from $111,587 a decade ago.
: Y6 L" W- R. @! u: Y p
7 Z1 ?" p5 v" wBooming population, limited inventory of homes and a hot economy are behind some of the tightest market conditions in the country, the report said.( |- [2 x$ n- P% v& D8 O: s6 I7 R
7 x# i+ c3 D9 N! mFirst-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.8 o! p* u- z' W5 b& \
/ Z) x+ x9 O! @; B/ y5 ^( p" PIn recent years, the report suggests move-down buyers, aging baby boomers, are driving the condo market.
7 F; b# _- f$ K+ q" r; F& W3 K7 K) V# c5 _
"While 2007 was a roller-coaster year for real estate activity in Edmonton, 2008 holds more promise," the report said.0 |: _& b% i6 u: E$ u- Q3 q
1 c) [1 s% e& c( ~5 {* LIt points to falling numbers of homes for sale, predicted lower interest rates and continued strength in the oilpatch.$ R/ Y+ k% j/ c S& B: y; x
& ^ u! x( y: | @
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
