 鲜花( 150)  鸡蛋( 0)
|
不止是有点暖,是高烧~3 ]: g5 I' j& I7 P
4 z* j7 L' J! ]! n0 w& @4 ehttp://www.edmontonjournal.com/b ... ?cid=megadrop_story6 T' ]4 Q0 H( Z
7 W4 `% Y+ k9 @7 j6 a
$ a' ]1 {6 Q h$ f u
Edmonton sees 26% spike in luxury-home sales6 _) G- q- s, m/ ], `) k. h
High-end houses defy real estate cooling trend
2 E3 a/ N5 ^% a7 e9 W4 n+ v! ~3 L+ n; x
. A: `$ c/ y8 m. f$ o }% eEDMONTON — While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by ReMax.
& B7 ~% R. N/ X& H# z" |2 V2 x3 k
“One area of the market that has outperformed all others is the upper end,” said the ReMax Market Trends Report Fall 2010 released Tuesday.2 L+ D% P7 K/ A# S& {9 H2 P* U, {
# T3 A6 c) Q, A3 s5 Y
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.
~( u. P# g& b" y/ U4 a P
$ ] n8 \- m5 L4 o$ [: DFifty-five homes in the Edmonton area have sold for more than $1 million.
* Q8 m" l$ m' i# U% S y9 h2 O+ V! `! f Z6 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.; h7 W( }' v: K8 Z L' F. ]
* I, u/ B p9 N( F. E) 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. & \5 }, z% V% b. ?
+ p9 r* i( ?5 }4 ~ g/ `
“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.”
! ] v7 C$ F3 I* k- C
' Q. W+ P' Q6 T& u' B5 ^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.
e4 t6 z& f5 ~3 P5 A* h- P7 c( s7 A- ~, [
The sales-to-listing ratio is now 47 per cent, down from 59 per cent in 2009, but up from 42 per cent in 2008.2 H+ c. `4 b' _2 }3 V# W* a
, T. d. f4 ^4 \$ YAverage 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 $320,289, the report said.
- D; C9 ^% W" P
1 b, ]( s1 _6 R6 Y- U5 y( SInventory levels are up marginally over last year, but down from peak levels reached in 2007 and 2008, ReMax said.
S5 J5 l3 w1 }5 r: z
& l( M" o4 y( h6 t4 r i6 j3 P“As a result, the housing market has been characterized as balanced, slightly favouring the buyer,” the report said.
) @7 B3 _! B$ H5 | i5 Y7 K4 S# {" n) @( T
First-time buyers in Edmonton remain most active, driving sales of single-family homes between $250,000 and $350,000. Condos represent 34 per cent of residential sales.
9 D$ x: r: H9 V( t' } U- W" j- [, j/ a4 @# ?: ]" h
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.”' v& V. q/ M3 K5 E+ W" ]3 M% ~! e
# \9 n& J d; D3 a' l( iThe 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.* u2 O% i/ \7 m
: @: R$ Y( K9 I5 \6 @
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.& S# r9 A! `. ^6 S, n+ l
+ h& U/ Z1 l$ T6 E+ b' y- v: ]. X“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. _, M$ r- i* r1 s. Z/ X( u
6 w% J! J n# ~0 H3 S# i' F
“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.” |
|