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Average home price tops $300K in major markets $ ~) u7 |8 u% d9 Y
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
* p+ S" X6 p9 S( mCBC News </news/credit.html> 1 ?: W8 t( I) Y; J( G* Z* G! p/ |' t
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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Home sales are rising faster than new listings ! \- G. v8 x' y/ t0 U1 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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2 Q2 y7 v( @) q/ ^- pIt was the biggest yearly increase recorded in two years.
/ _, c& X+ _6 t: a, g- MThe 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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/ ?3 ~/ L5 j1 D! b/ r# ?Red-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.7 Z$ i7 N6 _# g9 M7 I
2 z l& ^3 [7 S* Y9 V"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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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." n+ q) F( V% n! ?9 Y, K# e& h
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.1 @4 V9 N; O5 ^% f9 b- o/ _
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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8 G6 b, p* W5 S0 s5 bCalgary: $358,214 (+43.6%)
2 N$ a& d. [. G0 QEdmonton: $242,936 (+22.9%)
2 b6 Y$ }! j v X5 eHalifax-Dartmouth: $210,225 (+7.6%) 5 D7 C" C8 m$ _
Montreal: $219,433 (+8.2%) ' a% u0 Z: { J& J+ U
Ottawa: $260,219 (+4.7%) 1 J5 V$ O. c+ }
Quebec City: $150,324 (+6.9%)
+ X, t2 Y, h$ y; d. D' uRegina: $142,147 (+10.3%)
0 O% C t7 O. a# ?. I+ d6 e; ISaint John, N.B.: $129,844 (+12.3%) ! A; q! F& q* |4 C3 [7 n
Saskatoon: $162,279 (+11.5%) ; ]. l8 c+ N1 x, T" z1 w- G! R" l
Nfld. & Lab.: $133,541 (-1.2%)
& y! O9 |# Q+ ^$ _) pThunder Bay, Ont.: $118,804 (-9.0%)
5 B) Q# v5 b" j3 V- T" hToronto: $365,537 (+5.5%)
3 R f1 j t% W6 i8 ?Vancouver: $518,176 (+23.7%)
" ^% _! T2 h* LWinnipeg: $159,801 (+12.5%)
4 D6 _- B/ G3 p# I8 i, X5 o- FCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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