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Average home price tops $300K in major markets 4 _/ |% b. N @( ~
Last Updated Wed, 14 Jun 2006 14:05:59 EDT & c, X' I$ K8 i9 v
CBC News </news/credit.html> 1 l* c* x1 z; q8 |8 t! B9 s* E
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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+ l" @7 l2 K. lHome sales are rising faster than new listings ) W6 P$ Z0 C' H! G* a# y0 C1 ]
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.) O4 A! N7 P! @
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It was the biggest yearly increase recorded in two years.
5 ~0 V$ ]$ V! I( n0 O: [# sThe 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.9 w; ?0 R: B# Q/ H% @/ {
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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.
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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.
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. w* Q& V* ?6 R"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." ; m/ Y7 G. ]) r1 a# f
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.# H, P/ U d; {1 {' F
# i* y5 Q- { x6 ^9 dHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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Calgary: $358,214 (+43.6%)
- `) C. z+ Q, c V# p0 a/ uEdmonton: $242,936 (+22.9%)
7 x y" ?/ C8 L( _/ ~, sHalifax-Dartmouth: $210,225 (+7.6%)
. y2 _8 m9 V" W& x; v. Y1 J3 C4 uMontreal: $219,433 (+8.2%)
# [$ T9 ^% v& QOttawa: $260,219 (+4.7%) ) b) m6 W! p6 k
Quebec City: $150,324 (+6.9%) # u; `8 N1 }6 I, T. T
Regina: $142,147 (+10.3%)
/ Z! X3 K4 B5 f" XSaint John, N.B.: $129,844 (+12.3%) ' V2 c" i3 d4 y+ d6 \' j( @* U+ d
Saskatoon: $162,279 (+11.5%)
4 x6 I- l2 G! _% J6 T2 V! DNfld. & Lab.: $133,541 (-1.2%)
. d2 S) f# H( R! d, gThunder Bay, Ont.: $118,804 (-9.0%) , \2 j! [# a. \0 ]5 C; Q
Toronto: $365,537 (+5.5%) # p) |0 A7 ?9 `) D% p
Vancouver: $518,176 (+23.7%) 8 ]; ?1 ~- g1 o& \6 M2 o) B" R
Winnipeg: $159,801 (+12.5%) 1 E! _. L5 j. s: c8 m
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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