Calgary housing prices mark milestone

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Last updated Apr 12 2006 12:28 PM MDT
CBC News
: U2 n- C9 a+ V0 G  m$ g& ?$ sThe 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.

' E; d! U8 g6 X- s. A8 {; pThe 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.
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6 X) K2 Q6 J8 D: Z. Z/ }; n! SVancouver is the still the hottest market at nearly $500,000 for a single-family home.

Clark says there's one reason Calgary's market has shot up so quickly.
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"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.

"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."
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Realtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.

1 p5 l4 W1 L; @% a/ NGeorgiana 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.

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: S0 f2 X$ O, P6 h" }, ]注意是苦笑噢。