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Average home price tops $300K in major markets
! F6 r4 q0 T; O2 \' Y" Y' jLast Updated Wed, 14 Jun 2006 14:05:59 EDT 5 {! j4 E5 a' F& S
CBC News </news/credit.html> . }% W) f1 c/ o8 ^0 W
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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; c$ X2 C" M! b8 k3 L% l4 I) LHome sales are rising faster than new listings 4 h% v) b% H. W2 p1 i3 c
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.) k/ U- R9 ^6 l3 p; e+ A
, B3 Y3 i! ?$ P9 sIt was the biggest yearly increase recorded in two years. ' P1 {+ V6 q e3 c9 c) n1 i4 U
The Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.! T5 x0 F& V- z$ m* \
/ R/ k5 Z7 q7 j7 y5 S9 |2 y3 [Red-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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2 ]0 L: a0 X* l# k$ @" ?+ j: a6 p"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.0 I) h' q% ?4 @$ s1 j ?8 X
% F5 O/ t7 X' y; G; N1 w9 P* a% j4 r/ D"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." % p& }5 H4 p0 l
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.3 f4 G2 ], s8 i
. x% }( ^, W9 E$ E$ XHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): $ X, t; }" j8 z- Q
6 u# x: F+ F/ C) nCalgary: $358,214 (+43.6%)
* e7 g c/ X+ N. ^- o3 p6 sEdmonton: $242,936 (+22.9%) " V W8 q+ p/ v* }8 F3 w# H3 u9 C
Halifax-Dartmouth: $210,225 (+7.6%) . t1 m X; G8 L. X% a- n, {
Montreal: $219,433 (+8.2%) % f- D' {. s1 q4 U7 n2 d' K# n
Ottawa: $260,219 (+4.7%)
/ K9 O: a/ T- M7 u! B3 RQuebec City: $150,324 (+6.9%)
& Y' ~6 S( u! i; A4 VRegina: $142,147 (+10.3%)
, d X" W) ?$ N9 K. a% x% [+ D2 {Saint John, N.B.: $129,844 (+12.3%) ) x+ K0 v; G P4 w
Saskatoon: $162,279 (+11.5%) ) j' R& B$ u9 Z- ^0 n
Nfld. & Lab.: $133,541 (-1.2%) $ S0 g B7 O9 d) G9 k: s, \
Thunder Bay, Ont.: $118,804 (-9.0%)
8 ?" m/ l$ t/ w/ T3 F' h a+ W& FToronto: $365,537 (+5.5%) ( w' i3 M5 y1 t2 U, h
Vancouver: $518,176 (+23.7%)
' ]! V+ D; Z8 m+ Y& LWinnipeg: $159,801 (+12.5%) 6 d# Y7 }/ r( I" a+ a
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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