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Average home price tops $300K in major markets 7 a* {- b4 l6 W: j
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
% W; W0 ]9 _7 UCBC News </news/credit.html>
' a8 I* \. s4 J3 _: PThe 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
/ X7 J. `4 l( C4 W" G4 bMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005." S2 x+ c6 R/ t- i6 D- j5 E
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It was the biggest yearly increase recorded in two years. 8 b6 U; c+ \0 ]4 z
The Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.3 B/ `2 d: s v" r6 X- i# y8 b& O
* {- }9 |; z0 S$ VRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.4 ^, x j/ w. L! o# O. f7 m! o: E U
/ Z; n$ L3 e4 O" p* K"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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. T$ m0 t* z' I5 {"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." ) U; P9 R' N- X7 d' 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.
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# c* Y4 x/ c. |! M& ~Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
( K- N- d! |% [# k/ s0 h) }/ {+ k p" p6 d m$ l: t" u1 t) g
Calgary: $358,214 (+43.6%) 4 S8 `) f0 c9 V/ Q
Edmonton: $242,936 (+22.9%) 7 ^+ }+ j' e2 H
Halifax-Dartmouth: $210,225 (+7.6%)
, x2 F- q- _5 n* ]+ T5 O# i+ B& TMontreal: $219,433 (+8.2%)
8 c- p0 t) \" s; T- f* c9 yOttawa: $260,219 (+4.7%)
0 ~/ Z4 a, d) g7 g# @& t# h: S; d) RQuebec City: $150,324 (+6.9%) + L+ Y F: t4 W' T/ v) K4 ~, B% _) D
Regina: $142,147 (+10.3%) 6 e9 ~; S1 E# S' K$ n( }2 a+ w
Saint John, N.B.: $129,844 (+12.3%) 5 O) O, Q3 Z1 ~& P) B
Saskatoon: $162,279 (+11.5%)
: G P7 b: v5 ~1 HNfld. & Lab.: $133,541 (-1.2%)
( I. M) s4 g2 m: X' Q9 HThunder Bay, Ont.: $118,804 (-9.0%)
, `0 k S' Z7 L" Y6 @Toronto: $365,537 (+5.5%)
+ q2 G4 [$ g1 b1 n: rVancouver: $518,176 (+23.7%)
% B# O- A% l$ u* `# s- [/ _Winnipeg: $159,801 (+12.5%)
" g M. Z- O4 i% P' }/ _+ `Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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