 鲜花( 150)  鸡蛋( 0)
|
不止是有点暖,是高烧~$ i9 {; f( H, [) S4 v6 ]
" r! E6 E0 i; |http://www.edmontonjournal.com/b ... ?cid=megadrop_story9 X7 v, e8 w' i+ I& d
3 e/ l4 `8 r0 s! z& E, b' e1 ]7 S
% v# `" c4 v" U" J# q" ^0 P5 VEdmonton sees 26% spike in luxury-home sales! l7 T+ @& C- s) R
High-end houses defy real estate cooling trend
- ?9 s3 w. ], e) m& v; U! {4 K$ `1 |- v& [/ k
3 z6 d! G& N1 Q, f) JEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
# ?: t/ m% K3 M" W6 N z8 D
1 u) s/ m( v, B9 P( z3 L" S“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.
& s8 C/ c$ y1 V) j+ O9 Z
5 Y) `+ o# p- T* F9 Q1 ?, D; [Sales of homes priced more than $700,000 are up 26 per cent over 2009, with 240 upscale properties changing hands as of August, compared to 190 units for the same period last year, it said.
9 W4 ] E4 Z% I$ r/ J7 t2 H( }: ~. X; v5 q! t7 {8 Z
Fifty-five homes in the Edmonton area have sold for more than $1 million.
|- J; h. \2 w# s& g, }" Z4 s; b" w8 m- B+ |5 w
The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.8 P. }* V' B$ z9 e* J
, Y7 r$ J1 f# t( o) }“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.
! b- ^$ `8 L) L6 C* v! j, W0 z" q3 f/ ]/ f, P
“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 m, T* ]* b- a" H
" ~+ j& x: f# W3 gYear-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.9 D' P( }7 n# k* A1 C7 h. U
: Y0 M. u4 b6 A0 \
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./ a, J. p& ?$ e/ m8 ~; {+ v
3 w+ m. a, a; t2 sAverage 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.. _6 o# ^! U' p" q* F
' s, g: d0 w& @
Inventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.# ^- H, U0 o7 E: s8 c
6 S3 D1 e7 S3 l9 @/ K9 a9 m1 a. E
“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.
8 v4 ^2 g3 S2 F/ K: h5 p1 g2 C2 C/ z
First-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.% T/ W5 H @- Q; L; T- P# g
# b+ h9 Z' ?" U% D+ TAn influx of new units recently has pushed up supply, putting downward pressure on condo prices, according to the report. Tighter lending rules, requiring a 20-per-cent down payment, “is proving to be detrimental to investment activity.”: t" Z$ V1 f+ C( u5 F3 }" B7 Y# I
4 m7 x# [# C) R4 p+ A
The 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.8 g2 v% v% U6 b: J% L5 c4 H& T4 C
" O; M& d" ?' h/ |, f" tPrices 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.# y& p4 r' F. v. w! u. t
3 B B. o N3 [0 t“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.! U' L6 p- @) R1 L
0 e2 S: G) @3 ]. k) q5 `“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.” |
|