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Average home price tops $300K in major markets
0 o4 r5 D: U" R8 k' qLast Updated Wed, 14 Jun 2006 14:05:59 EDT " w3 [8 j7 ~1 S5 i
CBC News </news/credit.html>
3 O/ s! D! W. R( ?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.6 H+ L4 q7 \0 g! u; n/ W
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Home sales are rising faster than new listings
# B+ ]( b% T9 F* h4 xMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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3 y% l1 r4 c7 W- zIt was the biggest yearly increase recorded in two years.
% t4 f0 w8 G, G/ d1 @$ L3 LThe 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 $358,214.$ {! X- a4 M3 M' |. A a
8 Z" T% {1 ^3 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.& B- S7 ]0 Q6 H. p, O
: o' T! s5 L, I7 `: Z& }"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
' h1 `6 s- A1 ~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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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets): 8 E2 h9 f, k8 `7 F: i
- m( ~3 m4 R1 Z9 e: d+ ICalgary: $358,214 (+43.6%)
4 X+ _! ~5 y s5 IEdmonton: $242,936 (+22.9%)
% v' T$ w# A* K( v+ y; L8 h) `, wHalifax-Dartmouth: $210,225 (+7.6%) 6 @. B* J+ q$ a7 J" N
Montreal: $219,433 (+8.2%) ' i5 m1 T, u! _9 E
Ottawa: $260,219 (+4.7%) / `% P( O5 f( X0 k/ O
Quebec City: $150,324 (+6.9%)
1 ~8 ^3 J1 |' kRegina: $142,147 (+10.3%) Z0 U/ r% T- h
Saint John, N.B.: $129,844 (+12.3%) ' d! c1 Z9 v4 s4 S$ e. v/ V, R
Saskatoon: $162,279 (+11.5%) $ C; }5 i/ f3 Y$ F# a2 v5 K$ e' N
Nfld. & Lab.: $133,541 (-1.2%)
' ~3 p0 j0 z2 M- W; e" W# X3 ^2 gThunder Bay, Ont.: $118,804 (-9.0%)
. z# O; N! S3 j) _Toronto: $365,537 (+5.5%)
4 P! O- H( k% P2 l0 k8 HVancouver: $518,176 (+23.7%) % h, t% i) u& {
Winnipeg: $159,801 (+12.5%) ) ]' F( Z* T9 z2 ^$ y2 u
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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