 鲜花( 150)  鸡蛋( 0)
|
不止是有点暖,是高烧~2 f$ s0 `# M& F4 c) N
4 a$ T% D6 T0 e2 g/ F7 v/ |! Thttp://www.edmontonjournal.com/b ... ?cid=megadrop_story4 ?" H0 X, X0 o' V1 l' e$ ^2 ~
- U. c, U6 W; C. q
; H7 u/ z9 M5 uEdmonton sees 26% spike in luxury-home sales
% ^" O, A7 j+ K; H High-end houses defy real estate cooling trend
2 b1 U1 O+ v: I% P
5 {! W! X- I4 c. S! u3 a$ i/ w0 S' G& W1 J. \* t
EDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
" F y5 {/ `- ] n
# j1 t8 a- \1 y9 v7 e. a8 z$ n“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.
! x1 l+ z _* I2 t! V7 u% b9 ` b7 j& M3 T
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.
- }( }6 a9 N0 U7 w' w" A8 y+ a E1 X
Fifty-five homes in the Edmonton area have sold for more than $1 million.( u) D- A- p% t
i3 W# `5 ^( G3 C
The urgency in Edmonton’s residential housing market — prompted by tighter lending policies and the threat of higher interest rates earlier in the year — has given way to more stable conditions heading into the fourth quarter of 2010, the report said.
# m8 o$ U' A: i% K" C- b) `
3 U/ q! }* }. i% I# S/ e9 \# V“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. / k# A) ] e, V. k, F- Q
- V, E' i3 h0 [8 l6 F z+ W
“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 v- p) g8 T# r5 N# S
! l* I* U) ^& |& y7 z" B: ^$ }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.7 K3 M% V, ~: B; L
. a n' k3 q% G0 b) i- s9 M* jThe 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* I6 T) m+ Y( U5 G; p
+ E! Q. N: q# t2 wAverage 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 $320,289, the report said.9 l6 [* A0 Y3 B, o
1 s! Z2 d; d$ J" |8 yInventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
, L# w6 `( | K
& k/ \* k5 S: m: v“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.) k3 d ?6 g! r7 \# H$ P
! s B5 n4 V3 R5 t0 p6 N8 C- y
First-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.
* d; Y+ r$ s( X. o9 y6 M
' H, a4 [) _" T$ Q* ]An 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.”
9 |1 q- o9 `* p5 `
" L' T- y8 s. v: ?7 E# jThe 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.+ u r" W, x; I: B& d' E8 b) U
: t- L* A' X$ e( [
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.
1 _* J/ F4 Z" d2 j
" Y4 t2 h0 z5 f“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.
* B2 V# p/ A% \5 P
: H2 c; I1 E, I% P9 K, O, u9 G“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.” |
|