City housing inventory near record level

水管工

Average price slips as fewer people moving to Alberta, realtors association says
- B7 s% j/ _- \Bill Mah, The Edmonton Journal
; }; ?: @1 i" v; Z$ K( W4 CPublished: 1:31 am
* q: {& P  m! TEDMONTON - 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.
, y! j, v* Z' o. l/ {! V, z
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.
& G9 G7 D9 h( |, K8 ^% N9 y1 z1 A7 ^
7 W- I$ G: h+ E( I" J/ [( kThat'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.


& G1 `7 @. ?. r6 P/ E( TAssociation president Marc Perras said the inventory, about six month's worth, stems largely from fewer people moving to Alberta.
7 @) \- g4 ]: S8 B/ m0 _, R
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.
4 {3 ^: r3 e1 Z) x
"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.

' ~1 a' [; ~6 a" l7 d1 THe 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."
4 M# R* Y; z- x9 |6 E
A single-family home sold in March for an average price of $387,632, down 2.7 per cent from March last year.
, _+ M6 n/ x; C
But the average residential price -- including single-family homes, condos, duplexes, mobile homes and others -- was $343,760, 5.66 per cent higher than March 2007.
' F$ F* V+ @* g% L
7 y4 K1 m/ q. [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.
5 N- R5 Y5 ]1 }2 I! ~$ T+ q3 n
Total MLS sales in March dropped 31 per cent from a record-setting pace in March 2007.

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.

0 H2 S* r2 P5 D' O. D/ VThe 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.
' C  `7 h0 D' w/ s4 x
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.
. O" x! G2 i6 q& C8 l9 ~* x* d& T
* U, U. _1 ]2 Q, G& wKen Shearer, a Royal LePage broker and owner, said debate over energy royalties kept house prices lower.

"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.

7 X0 v4 y: ~6 j8 x/ K4 ~7 S) aAccording to the report, prices varied by specific market in the Edmonton region. Here are some highlights:

2 O. ?* u7 U+ p: K& lSherwood 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.
; U/ K9 m+ [4 _
Spruce Grove: A two-storey home rose 6.9 per cent to $405,000 year-over-year.

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.)
! A- G2 f. [# E4 O" |
- M. X0 {- e; |5 E4 r. \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.
' ]+ {( X, E3 B4 s( A" gCastle 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.

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。

( |; [/ d$ b4 m) O" m% G# k6 c你如何得知每天有300套上市？