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Average home price tops $300K in major markets 4 |. B5 K( H4 D) }) Y. r3 P7 h
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
1 O+ E) k: ?! I4 h! MCBC News </news/credit.html> + `4 x4 D7 {9 \* T9 _- C
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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; j2 p" i; p! y/ n( dHome sales are rising faster than new listings 1 b" D$ D( e! g9 R8 X9 U$ B
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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+ g! R2 o Q' L5 Y! dIt was the biggest yearly increase recorded in two years. ( h; d$ ^3 n, D9 P* N
The Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.3 W$ a* I% ^2 h. u: v
0 L) v) F' V2 d0 ^/ MRed-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.; M; v7 E3 j* \+ p& E4 `
+ X5 j* C7 T. A: S D5 Q7 h2 T2 F"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.8 p9 Y5 b- C; q F3 ^( ?. k
* O( x u1 Q: ]" K"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." 4 K: e% k7 m/ l. s' ]
Overall, 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.# L4 ~% \, ~ H1 }
7 K" X5 t: y6 m+ U6 oHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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! \% m1 y( B, q% Z, v4 U% SCalgary: $358,214 (+43.6%) % b6 F2 R! n$ |+ H) z9 b; Q& _$ n5 \
Edmonton: $242,936 (+22.9%) / S% r6 K- K+ |3 ~3 k
Halifax-Dartmouth: $210,225 (+7.6%)
9 `4 p( Q: Z! x# xMontreal: $219,433 (+8.2%)
+ m* g& i9 j# t6 b" |Ottawa: $260,219 (+4.7%) 2 W9 m1 s3 f! t8 j! ?
Quebec City: $150,324 (+6.9%) + f4 l& [( ?- k" u; ^
Regina: $142,147 (+10.3%)
: B7 w$ K. L" q1 y4 C& \Saint John, N.B.: $129,844 (+12.3%) $ D2 k" H8 e, C( G4 L3 w q/ C* U
Saskatoon: $162,279 (+11.5%)
* [+ k5 m" T8 X' H7 h T* ~Nfld. & Lab.: $133,541 (-1.2%)
3 M5 N% x* s! t0 D* _0 ]/ hThunder Bay, Ont.: $118,804 (-9.0%)
* h( u8 q+ Z3 n1 k6 u; hToronto: $365,537 (+5.5%)
9 R: x$ v- k& Q; aVancouver: $518,176 (+23.7%)
; L$ u) U* X2 [1 hWinnipeg: $159,801 (+12.5%)
3 F) R. A* z( J. m4 jCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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