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Average home price tops $300K in major markets
# K0 g1 H u2 G9 \+ iLast Updated Wed, 14 Jun 2006 14:05:59 EDT
9 N" I1 x% g' \+ K/ A2 ZCBC News </news/credit.html>
4 _4 U: a4 D7 R3 P) gThe 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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* \5 k! G! D+ \: bHome sales are rising faster than new listings / e& S& I( {% q
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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It was the biggest yearly increase recorded in two years.
6 i# `" l7 m4 x' uThe 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 s' P! @' [$ P
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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 $358,214.
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' W% z$ d6 z5 x, T"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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$ f5 R) x" f$ z+ K* {' C$ G+ y"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
3 Q7 [0 `: p9 n1 n) I4 QOverall, 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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% r* R. Z# a& \/ K) i& FHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): $ q/ B u9 B0 l' o( b
) K0 e# U; J4 Y. n! u4 `Calgary: $358,214 (+43.6%)
: i" N# H5 g1 F# m5 _/ o; GEdmonton: $242,936 (+22.9%) ) Z: |# \. o( ?5 ~) _
Halifax-Dartmouth: $210,225 (+7.6%)
' e: i, e" ]$ ] U2 W: s: \* b pMontreal: $219,433 (+8.2%)
1 r3 u3 p! h& g) sOttawa: $260,219 (+4.7%) : ?9 i( v; l1 f3 r% D9 A' W: w
Quebec City: $150,324 (+6.9%)
t* ^6 Q$ c, }- y" B# |( d! ~4 k' {Regina: $142,147 (+10.3%) 4 Q& s. i. J* ~: B, M( Y
Saint John, N.B.: $129,844 (+12.3%)
* P2 X, l9 S% ?4 ]2 P; zSaskatoon: $162,279 (+11.5%) . v5 y6 r& Q' l- o+ x3 B/ B
Nfld. & Lab.: $133,541 (-1.2%)
% c; Y) n' Z" c4 b" tThunder Bay, Ont.: $118,804 (-9.0%) ! Q# n5 U, |5 k0 s/ X
Toronto: $365,537 (+5.5%) 7 k$ e1 U/ |1 x) a' a1 R: B9 V
Vancouver: $518,176 (+23.7%) ; _8 `: Q% w( W8 A: l. `* h* z a
Winnipeg: $159,801 (+12.5%)
; p5 v0 U; W* X9 u e- xCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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