City housing inventory near record level

水管工

Average price slips as fewer people moving to Alberta, realtors association says
Bill Mah, The Edmonton Journal
7 w- C3 t* {' K  r' w% E+ nPublished: 1:31 am
EDMONTON - The buyer still reigns in Edmonton's housing market, where the number of homes for sale has skyrocketed by 268 per cent from a year ago.
, A; T- M( c5 ~: `: y
* x* k$ Z( m# }: O# I4 ]& U4 ]Figures released Thursday by the Realtors Association of Edmonton show there were 9,464 residential properties available in the city area -- up by a whopping 1,220 homes from February.

That's the third-largest inventory in Edmonton history. Only last September and October were there more homes for sale at month's end, 9,918 and 9,577 respectively.


0 E. Z  s) ^1 \, }! sAssociation president Marc Perras said the inventory, about six month's worth, stems largely from fewer people moving to Alberta.
8 M5 x2 ]) \0 G, ]
Net migration to Alberta last year was 27,048. That's down significantly from 74,523 who moved here in 2006, according to Statistics Canada data.
  G& _: c6 y# M0 b* ~" i
+ `5 ~8 O3 g5 @$ W" |% ?"We had an industry that ramped up, expecting that those numbers would keep up and now, as a result of that drop-off, we've seen inventory numbers come up fairly significantly," Perras said.

" b4 K% g: ^, h/ |8 \He predicted home prices will increase by the year's end as inventory drops and called the current situation a "stable, normal" market.

"Our sales volumes are similar to what we saw in 2004 and 2005 and our prices are essentially flat.

"We saw quite a roller-coaster ride last year when prices jumped up significantly in the first six months and fell off significantly in the last six months."

A single-family home sold in March for an average price of $387,632, down 2.7 per cent from March last year.
3 Q0 u# C) R5 k  A  V7 G/ I) {9 E
But the average residential price -- including single-family homes, condos, duplexes, mobile homes and others -- was $343,760, 5.66 per cent higher than March 2007.

There were 1,557 residential properties sold in March with new listings of 4,236 for a sales-to-listing ratio of 37 per cent. Homes spent 51 days on the market, down one day from last month.

/ b, B9 S( n  D, F- I5 s5 PTotal MLS sales in March dropped 31 per cent from a record-setting pace in March 2007.
7 j3 C, `, b# k% m8 o2 o
! l8 L* t! g7 o9 [$ C) W/ ]Meanwhile, a house price survey released Thursday by Royal LePage Real Estate Services says Edmonton-area houses became more affordable in the first three months of 2008.

) k( }' n7 a* I! r% ~  C4 kThe study looked at certain local markets examined and found the average price of a "standard two-storey home" fell 3.7 per cent to $363,707.
( E$ ?( o9 }* Z/ a( X5 |
The price of detached bungalows fell 4.9 per cent to $330,000 from the same time last year. Standard condo prices also fell 7.7 per cent year-over-year to $235,000, said the LePage study.

Ken Shearer, a Royal LePage broker and owner, said debate over energy royalties kept house prices lower.
' Z; ]8 n: E' P, ?
"As a result of this debate, the market has receded from the wild pace it experienced last year as buyers are simply no longer interested in paying skyrocketing house prices," he said.
, {- @- X+ t5 f; J7 ]3 m# h) P4 F- D
According to the report, prices varied by specific market in the Edmonton region. Here are some highlights:
$ q0 }# H0 H" M9 o
Sherwood Park: Average prices for two-storey homes dropped by 7.1 per cent to $390,000, while detached bungalows and condos were unchanged from last year.

2 M& n( `: x; c) B8 oSpruce Grove: A two-storey home rose 6.9 per cent to $405,000 year-over-year.
+ Y: e) v: P. N1 P% i
Riverbend/Terwilligar: A two-storey property rose by 12.7 per cent to $410,950 over the same time last year. The average price of a detached bungalow rose by 2.6 per cent to $390,000, while condo prices dropped by 10.6 per cent to $235,000.

Leduc: Average condo prices rose by 9.1 per cent to $240,000 year-over-year. Two-storey house prices dropped by 7.5 per cent ($310,000.)
. r. C. U; Y- I( Q: D. Z- E( ]
St. Albert: The average price of a two-storey home fell by 12.8 per cent to $340,000 while detached bungalows dropped by 12.3 per cent and condos by 13.3 per cent.
Castle Downs: Average detached bungalows fell by 18.6 per cent to $285,000. Average two-storey homes went down 11.4 per cent to $350,000.
1 |$ B2 E9 L5 c0 r, q" L0 U
: t5 e  O! Y2 U) k3 c+ @2 _Clareview: Detached bungalows decreased by 8.8 per cent to $310,000, year-over-year. Condo prices fell by 16 per cent to $210,000 from the same time last year.

依勒特

最近几天，几乎每天都有近300套房子上市。很快就要破纪录了。

google

Sping is coming, it will make a new record in the next one or two months.

hunter

原帖由 依勒特 于 2008-4-4 11:35 发表
最近几天，几乎每天都有近300套房子上市。很快就要破纪录了。

' y3 s! [0 y! H! m6 Q你如何得知每天有300套上市？