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

smalltown

Thu, April 12, 2007

Calgary ranks sixth as most expensive downtown housing
UPDATED: 2007-04-12 16:38:42 MST
& J$ K2 y$ A, d0 L4 C' Z
7 V( N1 {2 y. j+ R
By NADIA MOHARIB, SUN MEDIA

7 P, e1 I1 Y+ a- O5 q. u  
% f6 K* F, o7 K5 G5 `; DMore and more Calgarians are buying downtown homes but paying top price for the prime location.
7 L! S- U/ K2 F5 W
8 o- {9 u; O$ c, b. H6 o3 APeople 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.

) P' c% a% g; `; |1 x; J$ O- N- U4 [Calgary ranks sixth most expensive of 31 cities surveyed around the world.

7 [* d. t2 ], V5 m+ eThe 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.

; y4 @! O" e* D+ f* QGeorge 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.
' x2 ?! O/ |& y- }. N5 i0 r; g
“To live downtown people pay for it.”

5 |- f0 K6 n& ^+ ]. @5 A  j2 CA condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500.
: o, B; h# f3 a. x! Y0 y
! z0 w( V; m  j8 r- H
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.”
) n' H7 A. N3 t( Q
Part of the attraction is affordability but also people wanting to buy in to a certain lifestyle, Bamber said.

) c6 ]. f/ Q8 `8 w8 ?+ |) {“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said.
  q  I4 K  Y8 z+ P( E
He said 30 % of the housing market is condos - the bulk of which are in downtown.

2 b1 V0 |+ D, E8 l: yThe survey showed Vancouver placing fourth most expensive at $577 per sq. ft. while Edmonton was 10th most expensive at $322.
+ I& _" f* K6 ^# I% ?& l
In 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.
- f8 S) R% r- ~3 W# N5 |) i
$ y% w8 ~( p' E% \. |' a5 M! B9 FWhile those looking for life in the suburbs and a better bang for their buck typically see a significant cost savings.

A 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance.

FAST FAX
- M! b9 ^' U9 }$ G; g3 C) 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.

% C, \6 D; K" C# t7 _1 T+ B— 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
3 q; \) X$ m7 F$ I5 I
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)：
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.
% [& G+ q7 Q3 w/ X5 A( }' y- F
) G- }8 y8 F' \7 M8 z2 c- ~' W) N( }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?
/ ]2 o2 z4 n9 Y, t6 v
$ u- w" T: b  V. l) N2 J7 z2 sListing Information
% {( T- M% _; v2 u2 @, a' w7 K, M        Listing ID         932689
# A7 j5 x' \+ U/ u& o        Price         $465,000
        Bdrm(s)         2
        Type         Co-op
        Rooms        4
( L- w. L: C! W: y        Baths        1
2 k; f7 |4 E' S+ ~  C6 q1 T3 o& j        Monthly Tax        --
* f6 M# |* K" H' A. `/ Q' {: N3 o! `        CC/Maint        $707
# r0 J' d1 A8 P- e" e( t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.

. Z0 g* H( f0 i[ 本帖最后由 dgg 于 2007-4-13 14:39 编辑 ]