Survey of Canadian House Prices Q4 2003

[oread]

http://www.royallepage.ca/schp/pdf/Q4 Survey 2003_Eng1.pdf

source: http://www.royallepage.ca/schp/index.htm

 

[oread]

Holy cow! The fastest growing property is standard condominium, 27% increase compared to a year ago in Kanata.

 

[华哥]

Nepean 的房价居然跌了百分之四点七，幸亏俺把房子卖了

 

[oread]

是啊，Barrhaven到底怎么回事？

 

[Bayshore]

我说的没错吧？KANATA是首选。3，4年前买的都赚了差不多10万了。

 

[shusheng]

最初由 渐渐 发布
是啊，Barrhaven到底怎么回事？

飞机太吵?

 

[Xiaomimi]

最初由 渐渐 发布
是啊，Barrhaven到底怎么回事？

Those number are average price. Which can be misleading. Fewer luxury houses are being built in Barrheaven, that' all.

 

[oread]

The survey is grouped by different categories of dwelling, it is NOT just representing luxurious homes.

For instance: in standard two-storey category, the percentage change compared to last year was:
Kanata: 14.6
Orleans: 4.8
Nepean: 3.2

The difference was even greater when it comes to standard condos:
Kanata: 27.0
Orleans: 8.5
Nepean: 0.6

In executive detached two-storey:
Kanata: 15.1
Orleans: 6.4
Nepean: -4.7

In detached bungalow:
Kanata: 9.6
Nepean: 7.3
Orleans: 3.5

So there is definitely a trend here. What I'm interested to know is why. Detailed description of definitions can be found in the survey.

 

[有去无回]

估计是因为砍屯的近年新房比例最大。涨幅大的一般都是水涨船高的新房们。

 

[江声浩荡]

It is not a direct comparison between the SAME houses for sale this year and last year. I think there is an availability aspect here.

Many expensive houses were built in recent years in Kanata and unfortunately a large percentage of them are up for sale.

 

[shusheng]

好象有理喔，现在的房子好象一年比一年造得大。

 

[oread]

最初由 kate 发布
It is not a direct comparison between the SAME houses for sale this year and last year. I think there is an availability aspect here.

It was a comparision by TYPES of dwelling. I don't know how you could compare the SAME houses and I don't understand what you meant by "availability", can you give us more details?

 

[Bayshore]

So there is definitely a trend here. What I'm interested to know is why. Detailed description of definitions can be found in the survey.

基本反映供求关系。对于从事高科技的高收入人士，那里的房价仍属偏低，如果高科
技回暖，房价会继续涨，个人之见。

 

[江声浩荡]

最初由 渐渐 发布


It was a comparision by TYPES of dwelling. I don't know how you could compare the SAME houses

It is quite unlikely that same houses are for sale in two consecutive years. So we are comparing similar but not identical houses, in other words, apples and oranges. This is the point I am trying to make.

Can we see a trend? maybe. It depends on the size of the samples.

By Availability, I mean there are more recently built, relatively more expensive houses for sale in kanada than other part of the city. And the reason you ask? because there are more families in that area with someone just being laid off.

My pure speculation. Not based on any published or unpublished materials. Just to offer a different opinion. Could be completely wrong.

 

[oread]

I don't agree with your first point: I think we are comparing apples with apples, green apples with red apples maybe, but definitely apples. How could you ever gather a large sample base to compare the exact same houses? Even the same house in different year wouldn't be a good comparison. The whole point of statistics is to gather a sample base large enough that the deviation is minimal so it can be practically ignored.

These prices are not listing prices. As explained in the survey, the prices mentioned in the survey refer to the fair market value of the property in each location, based on local market data and expert opinions, therefore they are irrelevent to this "availability".

I apologize if I'm being argumentative, but I think this is a realy good study of housing price, and I just hope that we can get more insights from this survey.