 鲜花( 1)  鸡蛋( 0)
|
http://www.edmontonsun.com/Busin ... 11/3299288-sun.html
& J. s M4 Q5 {% ^$ S4 k$ b& C5 Q- f% l& H" {, v4 G: C5 L
Inside CANOE.CAAutonetC-HealthCanoe LiveCNEWSDatingHome & GardenJam! ShowbizJobboomLifewiseMoneyNewsstandSLAM! SportsTechnologyTravelWHAM! GamingEn Français------------Free E-MailAuctionsClassified Extrashop.canoe.caRSSFeedbackIndex------------BlogsConcertsCrosswordEcardsHoroscopesLotteriesMovie ListingsMutual FundsNewslettersObituaries TodayScoreboardSports TickerStocksSUN TVTV ListingsWeather + C: X% u, Q% w3 g
5 n) g' R; W' Z" x+ v8 H
8 M6 H) [9 Q- E7 d0 N) a# `5 ?" @
8 Y: w7 C8 K8 i0 Y- ^1 N) K / a& m! z$ l+ h' ~2 ]& Z( Z
; V' Z( ~4 [8 ?7 |5 y/ D
0 c3 H" ?! b5 S" b2 \* T. C
Thu January 11, 2007 www.edmontonsun.com: l) u2 }2 w' t7 L7 [$ \. w
mailbag@edmsun.com% W( u9 S% B& w' z( j6 m
$ C" S& O, A! X9 k. [8 T$ t
# r# C% w" }* d! W+ M
3 \# C+ T7 P5 w: z# u. `
' n& w' Y2 p( o9 y I* @/ p
$ N) ]1 s2 r& @ 6 X; u( D* U& {6 u3 m; ]. `, @
In Tomorrow's PaperGet the latest Oilers news every day in Sports. Or check our Oilers homepage here.
! p) a: E' y9 B8 m ) ]* L( p& Y, ]6 f5 Q: X
U: C Y9 E4 E+ ]: w& j
5 I* E5 I1 J; r5 i 6 q6 n+ v. E9 K
+ o* C; T: h4 d! c2 R ! P; }5 G$ h0 N3 g+ d1 c
B) Q; L" s9 s% Q6 m9 v
1 p' l: J. }% F9 ?! A; u
0 u/ B1 e# n" G) e2 U. gCurrent Conditions
, c' o9 p% Q) }- p: v2 E9 h' w0 Q3 V) i( L) O+ F0 G+ {2 [* H* a
Mostly cloudy) l- c* h {7 ?& E
-22oC
8 q) T+ b6 T2 I- Y, W7 t" M1 b7 i* k5 u) r) U1 p7 ~6 l# K4 P
Full Forecast" z; P( G& K5 P
0 L* [8 W9 b4 {1 k8 \
* Q& @& M1 X P' r$ R8 n
+ y, C) k* V5 o! n2 r6 [6 \ " y4 l0 L3 e1 X; p# }
6 ~' ~+ m1 a6 z/ B- }( A, D; s" A! Q* G
" ~1 `' ]5 T0 h ^8 S) D
2 m4 h }. f9 A7 [0 A$ e& S1 r9 S M7 {4 `
6 ^8 B" }- ?3 L/ Y+ [! ]7 s7 pHome8 Y ]9 `! C3 R Y) R X1 l2 w' l# \
News) \2 V2 }9 c: }, S% s
Sports
+ Z+ B! i4 j0 n* m& H) c0 O) i" U. [Photo Galleries
; j, ?1 n6 P+ v" R: `$ JEntertainment
9 U+ a) d- @0 z" i$ ^9 TOpinion/Comment
3 i* Z; k! Q" }Columnists
0 J5 R! `, k6 HLifestyle
0 d1 `& p7 T7 s1 E8 z; NBusiness
% Y3 ? T/ V3 E7 }# P! C VColumnists
5 | i8 G5 k! u" P. F2 XNews
7 s, r1 @4 M9 \# e- }Who's Suing9 J) C/ Q( X/ a' c3 {5 E$ x
eBay Eccentric; S1 o: D, H+ G" i( U5 @
! n$ I" S: S- X0 Q/ j+ HContests & More + ^, {$ y6 \- u
( q, @ C! }6 T L& f& E+ S
- Y7 A) P% j1 }' }4 P
: b7 }# l: |8 J+ l. G$ J8 P+ Y9 A. c& C
. w+ L; }+ ~3 o2 @, C, n- |! rName 8 V8 j! Y' X8 r/ ~4 X1 t3 z; g
City
5 [2 l/ H% M/ z- G+ E
- U5 d- o. E1 ^ , C! o; o. V, [/ V ]& e( O2 l, f
4 B9 ^% {* `4 ~! ^* Q( h# z6 K $ h& {8 A# x4 @$ n8 l
# y4 d! n ~5 C6 k) _
3 o8 w2 {5 T N L$ @8 ^/ u$ {
5 J) f( M; n' A; C) Z" _
. ?) y9 f" R# N
( n3 D8 u+ n( C) x. y4 BSnow Scene3 o" h% e! _& k/ {1 I4 s; Z" C/ i' i
Blogs
1 q& N# q9 \7 B6 B6 QPapercuts Podcast
; k" I6 U, F! oFirst Light
) H4 H3 W0 `- P* W
0 J4 G) b2 j2 z6 H, ~; B/ o% `
* P$ N* A* @! _& d M3 x% r) D: h
# j" m/ M1 ?+ Q7 q6 g; X, u: _ ' O; ]3 J5 a$ O8 [& Q E
4 u% a9 u$ `2 p! @$ a' D2 H, E* G. [0 \( I( j0 I* ^
: ~& }% F1 j6 o, L' f+ q: ~ 4 a Q( b) }2 ]$ B9 x. m3 w
Active Edmonton
0 d* L, W$ l/ EColleges & Uni's9 e g3 @, k$ J' x
Curling Guide8 N4 ]2 F# ^& L% w+ F% U F
Manufacturing Works
8 I. `0 H4 l$ s: j7 n( I. h- d$ fSwimsuit Edition
c) D' I: E6 w4 Z; UOn The Outskirts
! ~$ D: f, J: V- @) H) bCoupon Book
( W: M; `% \; Y) tHome Design: q) m/ ?- D; P
Travel Tips& h( ~, R2 @1 t s6 H, [% e" S
Police Beat
) L; B% r2 W" W6 W- A% z. r( hPets On Parade
# g2 \- ?8 _, H* lLook & Feel3 Y* p& r% ]" u$ M" m; U z4 H% m
Neighbourhoods" T( _5 S" m; ^; [' g, c5 b! e
Autonet Section 2 s2 E1 |5 K' h b6 K- o8 c
0 |. q' z8 K/ R/ b
- B4 ?9 w% v: F) H# D4 D( N$ f
8 y: b& [7 ?2 s$ S
4 Z# u0 I0 P( F; I
0 M) W5 [! {/ |( ~5 W5 [- {" S
$ s( T( y1 J) d8 @% A: K. G 5 n0 K6 I( H$ y9 a1 v1 N( Z
% \% C0 Z$ C( v8 [
Classified Extra
# v" A% ~* i. r4 }/ `) GJobboom & F; R; I4 d% \% _! D5 H, A
Autonet
) l4 A: ~1 j: iDating 8 R# W1 {1 A; h6 S
& W$ H, J/ b+ R/ f, w2 ~ ?4 j8 M; j& h
Z; x% g1 U0 m- s% Z g) M
: {) _7 Y3 W: l4 A% M
SUNshine Girl k$ L: A! `. c$ H$ w, b
8 I5 ?: U g7 X7 r1 V' Z R& y
' Q3 Y- T* h2 C3 e& W2 \
9 A+ T5 i8 T" I, a" f$ z
" E* }4 B9 y7 V& t1 I, t) u, l
+ t! l0 D6 G& ~& I5 F$ k4 B9 K. M$ S# p5 b3 L( D. Q
Your Health* @- G$ Z, ~8 X; S* O
Trends( ]3 S. }, ^$ Z/ D2 [2 x" g
Eat
/ u$ W3 H0 Q' [' n/ B! DSex Files" }3 F& ^+ z. Y; u& _' ~1 Q, M
DIY' x, ]" x+ _0 x" F8 D& V# }5 h/ {
Gadgets* r1 q# f9 v" {4 ]0 \
Lotteries
9 e8 B! i) R# r0 oComics
' }" ~, x' Z& ^$ h9 v# cCrossword( k. ^0 f _7 g+ v
Horoscopes: M5 \# `" ~( z; j
TV Listings
* `; u$ {. s+ N- [" }- y. mMovie Listings
- U! Y! y! M& O . W/ f0 O. W4 Q3 }# j
/ ~! [+ A: M ?
9 ^: x ]# v; R( i9 P
( U: ]1 ]8 ~# s |& B, d( s o
! z1 s2 x6 A! Y) {6 @+ t2 q
- F) k/ |; N { { l " s& T/ F; M9 V- @% S
9 j+ G0 b" b* {5 }# H8 c0 d- j0 ~
Mobile( d, E& P' U8 L9 |( R9 a: }
Sun Underground/ v9 F0 R, ]! w/ r% i% E" A
Subscriptions
9 ?8 i$ G( o: L+ C5 Z% dAdvertising& Q0 Y! H7 I9 C
News Research
* e6 i5 q2 [- p/ e8 a/ L( ~About Us. m/ ]4 c) j/ O+ [
Employment
! i) F: o n c/ J' jContact Us2 Z; X% _2 Z" q0 d
Privacy Policy ; R% a5 o& w. @; D5 ?
- j7 b9 J: |3 P3 D. a$ o8 F2 R+ g4 C% f2 ~7 b0 v: p
4 h9 A( ] _4 B3 i6 Y7 D
- A( i7 O4 M) `( VThu, January 11, 2007+ t! j7 C9 r, R: X; d) K- P
* D+ ~5 d1 A2 R3 b4 ]1 x
Price is still rightEdmonton Real Estate Board president expects a 15% climb in 20079 j6 `9 j; C% Y( M: M t
By NEIL WAUGH, EDMONTON SUN
! T3 J5 R& `; Y( w: Q) t$ N5 o0 W/ X( E0 d7 f3 i1 `" j
: w2 c! ^. I+ X( I% h 0 Y5 `5 w! w7 y8 _
' {1 g: m5 u7 y- j) ?
They're changing the guard down at the Edmonton real estate palace.
% ~6 x& Z" Z, {* z/ a; _. Q9 {
" X& ^* @: F5 mMadeline Sarafinchan is out. Carolyn Pratt is taking over the Edmonton Real Estate Board president's gavel - the kind of blunt instrument that some realtors, I suspect, would like to use on ComFree Edmonton upstart Travis Holowach. More on that later.
9 ?: M5 s; M' f: V# w$ w7 ^3 D. x9 m- J% W( A
But first, the EREB president's bold predictions and fearless forecasts. 6 k* w; O8 _" K: i( U3 U8 j) }
$ W7 B5 c) ^! V# ?3 h( c
Don't expect a repeat of last year's housing boom where condo and single family dwelling prices spiked an incredible 52%. Pratt is now calling for a more modest increase of 15%.
" j7 g0 ]3 t2 m8 Z% `5 j& w
4 q# ~9 n4 L# |, X) D9 `8 j2 w# L'CONTINUED DEMAND'
9 x' P$ l6 b; k- u) b
9 Y1 Y2 C. b% j' l3 k( c; |, u ; |0 D7 j( L+ F7 A" w
A1 R& g' A. b6 Z8 N"We feel the increase will come because there will be continued demand, consumer confidence, a very robust economy and low interest rates," Pratt whooped at the EREB's New Year's kick-off conference at the Westin. "All the factors are there for another terrific year." 1 ]/ ]% }8 w Y
0 z {$ J* m1 a$ p9 }
She predicted that the total number of residential sales isn't expected to increase in 2007 - despite thousands of pot-of-gold seekers still flocking to the capital region from across the country as Ontario continues to sputter.
* D; o: K# ^) [ J7 Z# Y/ S/ d L; V$ a0 _$ P3 X, i2 B; @4 [% _% I7 K
"There just won't be enough houses to sell," she sighed. 0 Z: }, M5 D9 |. o, ~
( r. w- j c0 E
Canada Mortgage and Housing Corporation senior analyst Richard Goatcher was also talking a good-news-bad-news scenario at the board meeting.
2 ~6 h# @& H/ a
5 X; r# W7 d' S9 M! c% \) j"The big issue is, are we going to see continued in-migration into the city with the volumes we had last year?" Goatcher said. His expectation is "somewhat less."
8 @1 ]" e7 W" l( F# H' S4 E- C* z* \9 N: \) T& Y
Still, total new-house starts will be "fairly similar" to last year's pace. 2006 turned out to be a record year. So was 2005. But Goatcher is predicting a 5% decrease in house starts.
4 P% [. y T- j8 Y
# c9 I2 X) ?2 L8 k& b/ T6 K"A lot of it is due to capacity issues," he said. Developers are running out of serviced lots in some areas. Some homebuilders "got a little overstretched" during last year's house-building frenzy.
( i+ L8 G6 T$ A! D
9 Y# y: I8 G K$ u$ m! Y0 o5 \"There are too many shortages in the system," he shrugged. + @+ Y1 M& @! A9 o" |
8 I4 Q+ L& n0 a1 G
"But it's still going to be very, very strong," he quickly added, with the average new-home selling price ramping up by 20%. 5 |; Y* B, h+ a% u. }$ Z
; I5 z4 b( @& p: V: A% E
NO PRICE BOOM REPEAT 3 f8 E! {9 e+ G$ H8 _6 J( S f1 O% H
6 |$ W7 r/ j0 h, Z6 A. e, sHe also doesn't see a repeat of the 2006 price boom in the resale market, which he described as "unsustainable."
9 ? j( D5 @" L' T! s, h
( O8 A7 w! \2 o# n; qExpect a more gentle 10% increase - mainly because many potential buyers are now being priced out of the market - even with zero down payment and 40-year mortgages. " O" c2 [6 Y8 w/ f
$ S% a8 w) C/ pOver at ComFree Edmonton, president Travis Holowach was also celebrating what he described as a "steaming red hot" real estate market, and another "record-setting" year for his commission-free real estate service.
m! ^% {) L4 O# @3 V+ R- d1 o2 g$ E, I1 U x
His 2006 wind-up report shows 4,375 total sales and 5,721 new listings, up 74% from 2005 - clearly sucking up a lot of the inventory that would otherwise have gone to an EREB realtor.
8 z- }$ V: v7 X) D2 P( A6 e" z' |+ h8 p* Q% L$ U
"Our growing presence in the marketplace is having a strong impact on the competition," Holowach winked. G6 L! k8 z, h$ w9 W
" h( m1 O& o% P& y, h
So strong that the Alberta Real Estate Association launched a complaint with Alberta Government Services claiming ComFree was bending the truth about its market share.
# n" l1 c. W/ n, e5 \
; M* s! A+ `1 T7 {, K# }Yesterday ComFree was still claiming 30% share of the residential market. And "commissions saved" of $82 million from his sell-it-yourself operation. Which, of course, is what the battle is really all about. ) u9 e6 f1 N G4 {( d8 t
& d+ k+ }0 j3 ~- P; d: F"We do 95% of the sales in the real estate market," Pratt countered. - U3 b: E. @- j$ W/ j
Q3 R: K1 ?- m9 h& A7 {* {+ nLet the good times roll. ! _. T/ v; f- F$ L
. p+ M& q0 u! S S
Previous story: Bottom Line
+ M- J( \" z- L, ANext story: Building permits hit record+ m' o/ @1 n' w: T- B% ~
. w( n7 E4 J0 N4 ]; E. W
1 r# B9 }! N& W* z: c. k% B
; v+ l" u' p; v
0 M$ `, t3 e2 w/ a ) }6 o; b) U/ P2 m% A! Y6 v4 y1 o
9 N( n- b9 a Y6 V; r/ X/ W
' y- P9 {# w) U+ E7 [- @2 b. L* |
Newspapers- Toronto Sun- Calgary Sun- Ottawa Sun- Edmonton Sun- Winnipeg Sun- London Free Press- 24 Hours Toronto- 24 Hours Vancouver- 24 Heures Montreal- Brockville Recorder & Times- Fort McMurray Today- Grande Prairie Daily Herald-Trib.- Kenora Daily Miner & News- Portage la Prairie Daily Graphic- St. Thomas Times Journal- Simcoe Reformer- Stratford Beacon Herald- Woodstock Sentinel-Review- Jobboom Career Connection------------BOWES PUBLISHERS- Alberta- Saskatchewan- Manitoba- Ontario- Quebec
( S6 u6 l' I" c This site is updated by 4:00 a.m. MST each day and includes stories and columns from the day's print edition of The Edmonton Sun. 9 H0 N9 B0 B4 Q4 h8 @4 U
8 r" b' u/ d9 f
4 p+ Z e, I! K: C) w. E9 R) |
/ ?& z$ ]6 ^) O, ]
0 \. t4 v v. r8 X6 q6 ?
( [8 c; ^7 I& n: hSend a Letter to the Editor
. N7 Y0 R1 n2 GCANOE home | We welcome your feedback.8 P& U- r V) y$ ?
Copyright © 2006, Canoe Inc. All rights reserved. Test |
|