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

smalltown

Thu, April 12, 2007

* \4 S$ t0 i5 H  t+ rCalgary ranks sixth as most expensive downtown housing
1 i$ M% `0 d2 E% c' x5 Q; T: K* KUPDATED: 2007-04-12 16:38:42 MST

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6 d/ q, I8 j% A. t: J$ dBy NADIA MOHARIB, SUN MEDIA
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More and more Calgarians are buying downtown homes but paying top price for the prime location.
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6 P0 m$ O* k  l! I% [; uPeople 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.
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Calgary ranks sixth most expensive of 31 cities surveyed around the world.

% L% c& ?2 C' x1 y- K4 B, M5 h* pThe 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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1 [, X+ m9 J# ~! Q“To live downtown people pay for it.”
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A condo in southwood for instance would run about $323 a sq. ft while downtown goes for about $500.
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. m" b4 ?- e, G3 yStill 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.

4 d; V: f: j' P1 D5 k“People want to be close to restaurants and bars and don’t want to drive an hour to work,” he said.

( z7 p& c* z, M, l- KHe said 30 % of the housing market is condos - the bulk of which are in downtown.

The survey showed Vancouver placing fourth most expensive at $577 per sq. ft. while Edmonton was 10th most expensive at $322.
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( `1 e( ?( a0 v8 L3 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.

/ i2 k1 v" S# _* l1 Z5 p' _While those looking for life in the suburbs and a better bang for their buck typically see a significant cost savings.
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A 650 sq. ft condo in Southwood, Bamber said, recently sold for about $323 per square foot, for instance.

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* O9 }) ?/ O9 t7 `. S/ Y2 p- 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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— 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 $119
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$ b* M% a9 Z- A* p  yThe 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)：
! R' O2 q3 t2 D* I3 X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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0 r& A1 r0 y" c% N3 ?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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6 Z$ t% k! b% H) i/ \. f- @Listing Information
        Listing ID         932689
& L# s; s, V7 n        Price         $465,000
3 a/ L& X7 k' w2 h  r2 a        Bdrm(s)         2
2 h1 |6 Z& q8 w  h2 T1 ]& T7 L5 O        Type         Co-op
: |9 ?  x0 X6 c9 ?. q5 Q        Rooms        4
        Baths        1
        Monthly Tax        --
        CC/Maint        $707
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.

[ 本帖最后由 dgg 于 2007-4-13 14:39 编辑 ]