Edmonton ranks 10th as most expensive downtown housing in the world!!

smalltown

Thu, April 12, 2007

6 j9 r' p* N/ @* w9 o( }# J- ~, A0 GCalgary ranks sixth as most expensive downtown housing
! }) R" W$ m" @% h( l6 dUPDATED: 2007-04-12 16:38:42 MST


By NADIA MOHARIB, SUN MEDIA
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2 h1 k6 y6 Y" u5 x6 {6 _* k5 jMore and more Calgarians are buying downtown homes but paying top price for the prime location.

# z4 D2 m4 l8 fPeople who live in downtown business districts in Canada’s largest cities generally pay less per-square foot than people in cities around the world and enjoy shorter daily commutes to work, according to a recent survey done on first-time home buyers by CENTURY 21.

# @; J) |* E! y7 }, UCalgary ranks sixth most expensive of 31 cities surveyed around the world.
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The cost to buy in Calgary’s downtown is even more than settling in Toronto’s core which ranked 16th in the survey with the average cost running $209 per sq. ft.

George Bamber, owner of a Calgary-based Century 21 said it’s a sign of a city maturing and becoming more like Vancouver or Toronto where downtown is a place where people live and work.“You just get more real estate for your money outside of downtown,” he said.
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" m& Q- U! K9 Y# M5 [& t  G8 \/ j“To live downtown people pay for it.”

A condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500.
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Still Bamber said the interest in downtown living only seems to be getting more popular — a sign Calgary is “getting to be more like a big city.”

Part of the attraction is affordability but also people wanting to buy in to a certain lifestyle, Bamber said.

; [1 B3 u3 y( n; w9 b' L, h6 p“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said.
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He said 30 % of the housing market is condos - the bulk of which are in downtown.

( ]3 \: H1 x* p, \+ kThe survey showed Vancouver placing fourth most expensive at $577 per sq. ft. while Edmonton was 10th most expensive at $322.

8 N2 R" W; ]; l5 i' f/ U: WIn Calgary, a typical first-time buyer would choose a one-bedroom, one-bath 500-sq. ft. apartment in Mission or Connaught priced at about $250,000 and a 10-minute drive or 20-minute walk to the downtown business core and the Calgary Tower.

! a1 Y1 y4 m; m# BWhile those looking for life in the suburbs and a better bang for their buck typically see a significant cost savings.
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; C/ B9 }. o% Z/ `' ^A 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance.

  @% [8 j" i' J4 V' @3 xFAST FAX
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* E4 F. I& i2 P  g4 B' T- St. John’s and Quebec City had the lowest and second-lowest per-square-foot downtown prices of all 31 cities surveyed, at $55 and $93 respectively.— The two lowest per-square-foot prices for international cities were Istanbul, Turkey and Sydney, Australia, at $94 and $105 respectively.
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* }! p: f4 @( C6 S/ `! T' z4 E— Vancouver was fourth most expensive at $577 per square foot while Calgary was sixth most expensive at $500 and Edmonton was 10th most expensive at $322 — Globally Paris was the most expensive at $1,051 per square foot while London was fifth most expensive at $532 and New York was eighth most expensive at $375 The 10 least expensive downtown housing markets as ranked per-square-foot for first-time buyers are; St. John’s $55 Quebec City $93 Istanbul $94 Halifax $97 Charlottetown $104 Sydney, Australia $105 Bogota $114 Mexico City $119

The 10 most expensive downtown housing markets; Paris $1051 Moscow $688 Seol $630 Vancouver $577 London, England $532 Calgary $500 Athens $375 New York City $375 Tokyo, $325 Edmonton $322.

smalltown

Are we living in New York or Tokyo?

xiaopang

不是真的吧。我朋友在纽约，他说他买不起房子，他住公寓，房租一个月2800美刀，不过据说很奢侈。比起来，爱民顿还是很便宜的，不过可能占工资的比例就比较高。我朋友两口子年收入税后将近30万。

dave2004

一点也不奇怪，最近一个世界范围内经理级房屋 (executive house)市场调查显示 (见上周环球邮报)：
4 W6 U; s( t7 U8 Q$ {, _6 A世界排名前十位最贵城市中，加拿大名列第一，独占四名， 仅次于伦敦(第一)，纽约(第二)。

牛眼熊心

这数据是真的, 我在电视上也看到了, 可是统计方法有待考证.
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New York City $375 Tokyo, $325 Edmonton $322.

也就是说edmonton的房子和东经,new york基本一样. new york的中心two bedroom房子没有个50万买不到, twowhouse起码上80万...edmonton还没有到这个价吧?
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5 e# [: i# J/ o% R3 S, e        Listing ID         932689
9 S- t, i; ~7 M% [5 ]        Price         $465,000
        Bdrm(s)         2
        Type         Co-op
7 X- @; a- l0 o        Rooms        4
- O* P- a6 A. j        Baths        1
' G1 }; D6 K2 i% h& M* B        Monthly Tax        --
" b1 h* t+ Z6 \- M  e+ O, I        CC/Maint        $707
* J) L! f- r" ?8 D' k' B4 @这房子是new york Manhattan最便宜的two bedroom了, 其他的都上了50万. 要注意这个condo是co-op, 也就是说房子没有卖的权利, 要通过condo board调查买家,经过的同意才能卖.
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# z2 Q, ?5 V/ l( \" O[ 本帖最后由 dgg 于 2007-4-13 14:39 编辑 ]