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Average home price tops $300K in major markets / U0 n1 X9 A. W' W+ f1 Y5 m0 a: E- c
Last Updated Wed, 14 Jun 2006 14:05:59 EDT 0 Q; ^( d- a* \, G1 t# G
CBC News </news/credit.html>
0 Y$ V0 K1 c- w/ d+ K1 P8 xThe average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.8 }/ E& e. @ |. c' w$ p& D+ U( {
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Home sales are rising faster than new listings
* H1 q9 U' G8 Q2 tMultiple 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.
3 D; [7 ~0 F, OThe 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.
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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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; P' H7 J( [2 }& D"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.' Z: \3 H3 |. L) g& b; j. i
; |5 A3 ]0 P4 f% U Z4 G3 G+ ^"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." & w4 z' x7 b& X2 V% c% N
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.
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0 c4 }: ?( v" ?' v4 S, kHere 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%) # g4 y2 P5 A3 T0 ~
Edmonton: $242,936 (+22.9%) 2 [* u$ q3 d9 s+ i
Halifax-Dartmouth: $210,225 (+7.6%)
0 K _' H5 h& ^ w% sMontreal: $219,433 (+8.2%)
$ q+ L X1 v: v r; ^1 @( O$ w h: mOttawa: $260,219 (+4.7%) 7 W4 Z/ `5 ^% ]7 q6 k
Quebec City: $150,324 (+6.9%)
0 b& {! d# [% t4 ]- P0 t# N$ M5 ?Regina: $142,147 (+10.3%)
& i9 [4 o) @. c/ w5 KSaint John, N.B.: $129,844 (+12.3%) 4 ]( ?" d" t$ N3 r+ { w* M
Saskatoon: $162,279 (+11.5%) ' I+ C4 S) P% Q' n4 ^
Nfld. & Lab.: $133,541 (-1.2%)
% t# f8 j0 t' x; @9 NThunder Bay, Ont.: $118,804 (-9.0%) : i7 m1 P- M9 o- y
Toronto: $365,537 (+5.5%)
. W! A2 |) g6 j2 s; |( [1 S% H: i, B) UVancouver: $518,176 (+23.7%) / A7 A: n) K. g" L* O
Winnipeg: $159,801 (+12.5%)
/ }8 \8 |& N* m: \: h K# kCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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