Calgary housing prices mark milestone

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Last updated Apr 12 2006 12:28 PM MDT
2 E! s5 u! \3 C: ?CBC News
; R" F7 ^; M& \/ u5 T0 X3 qThe cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.
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The president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.

: R* F* s& u/ L/ @3 R( `  @The average price of a home in Toronto is still higher than Calgary but the cost of a single-family dwelling – the most sought-after type of property – is about $363,000 in Calgary compared to $358,000 in Toronto.

Vancouver is the still the hottest market at nearly $500,000 for a single-family home.
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3 s2 w5 d% W$ b: C3 ?4 Y1 fClark says there's one reason Calgary's market has shot up so quickly.
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3 h0 h4 Y, @8 ^3 c0 b, s: [4 T"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.
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"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."

0 C! l, |* z) U$ Q2 J1 XRealtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.
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Georgiana Woods, who sells real estate in Toronto, believes that market will cool off while analysts in Calgary expect the city's unprecedented growth to continue.

大棒骨

哈哈~~~~
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注意是苦笑噢。