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Average home price tops $300K in major markets # E6 ]+ A2 f9 K$ ?1 V. _4 w3 O
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
" ~- t% D( k3 U% b' b1 [* hCBC News </news/credit.html>
& e- C( \ F5 M2 yThe 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.. M. S% s1 a, q- i9 I* W5 T- c* K
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0 m0 R% z( W2 F- n6 dHome sales are rising faster than new listings
9 Q7 q5 b1 P! ^) n* x- OMultiple 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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( Y0 D* _! j6 J* ]9 e3 jIt was the biggest yearly increase recorded in two years. # C9 K2 J( E4 d+ s- b5 n' r5 E
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.' {2 V8 m& W6 m4 n) M# ^2 q
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"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.' t- v/ i/ E7 E( K+ [/ x9 v% {
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
, ~5 g& }' @0 N- X0 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.
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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+ U* n. L+ C `2 S( z, C L0 jCalgary: $358,214 (+43.6%)
% B$ p$ ]- X. cEdmonton: $242,936 (+22.9%) ' W' v, o3 J+ c- e' e
Halifax-Dartmouth: $210,225 (+7.6%)
- S z8 V/ z+ V7 E5 X; J! k. YMontreal: $219,433 (+8.2%) 0 g1 y E" a, [+ e7 Y& U0 f: J
Ottawa: $260,219 (+4.7%)
$ H8 y. D2 q! _2 F% E9 g! p# fQuebec City: $150,324 (+6.9%)
* C8 z) n1 D, x8 }% {7 o! R5 s) NRegina: $142,147 (+10.3%) ( a. u! S5 R. f" W
Saint John, N.B.: $129,844 (+12.3%)
0 }% ~5 `# v+ l% kSaskatoon: $162,279 (+11.5%)
1 i# Z+ t; Q% z. ANfld. & Lab.: $133,541 (-1.2%) / K. v% `2 I" ~1 u/ L
Thunder Bay, Ont.: $118,804 (-9.0%)
. j( D+ L' b! A6 q. r IToronto: $365,537 (+5.5%)
. D# T4 B3 I/ N, S' ^6 M8 H* fVancouver: $518,176 (+23.7%)
# D3 s0 S7 }6 d7 D' E; ]1 PWinnipeg: $159,801 (+12.5%) % |0 u" ?1 E1 p6 c0 b- c
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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