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Average home price tops $300K in major markets
7 k$ h D6 ^# j# B! b+ t- oLast Updated Wed, 14 Jun 2006 14:05:59 EDT 1 G; {1 ~9 ^, ^0 o
CBC News </news/credit.html>
5 @. G, L$ [* i3 S! ^- uThe average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.; M9 q0 c9 ]( H7 i
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8 v. @+ K9 V; Y' {7 m' o0 w3 tHome sales are rising faster than new listings 2 @; }" ~( g7 A$ q3 K
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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4 b0 F% ^& N/ gIt was the biggest yearly increase recorded in two years. ) d: U5 ?. L+ r+ d
The Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.
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Red-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.) v& w1 v- \! J" g% e
1 X8 o. y& ?+ |$ g8 w! ~3 b"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.% c8 Q) I4 f- \7 E0 b( I
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
- _3 w; W3 f( d5 jOverall, sales in the country's major markets rose 4.4 per cent to a record 37,460 units in May. On a year-to-date basis, sales activity broke records in 12 cities across the country.$ w. r- N4 B# ?
L: M; }! o$ ?% A* G0 hHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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[7 F+ ^9 M0 |Calgary: $358,214 (+43.6%) 8 S4 b+ L9 p' e
Edmonton: $242,936 (+22.9%)
6 F) z: y! Z4 D7 E' I! KHalifax-Dartmouth: $210,225 (+7.6%)
5 }% V/ H! n; L" n* f! m& {& pMontreal: $219,433 (+8.2%)
" X0 M% I# R" l4 c$ nOttawa: $260,219 (+4.7%)
% h5 W, C, j. g# b1 M" V# YQuebec City: $150,324 (+6.9%) 7 @( i b; I' E1 l: q
Regina: $142,147 (+10.3%)
+ b0 U6 g/ G* M4 oSaint John, N.B.: $129,844 (+12.3%)
0 x0 Q* p2 X1 z7 |! y! Q3 [ xSaskatoon: $162,279 (+11.5%)
4 e* r. A+ M. y; Z- q! wNfld. & Lab.: $133,541 (-1.2%)
$ x% A6 ?+ A1 q5 M9 E% rThunder Bay, Ont.: $118,804 (-9.0%)
* v2 V+ j7 w. V6 n! TToronto: $365,537 (+5.5%) - r# H0 h7 T4 u2 A; P# q7 t, x
Vancouver: $518,176 (+23.7%)
( Y! O/ t: H! h5 f+ ~1 pWinnipeg: $159,801 (+12.5%)
& F2 X5 l+ D/ G+ p: C" p1 H3 _. ~Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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