Calgary housing prices mark milestone

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Last updated Apr 12 2006 12:28 PM MDT
CBC News
0 b' K. g& b+ eThe cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.
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# L2 q8 e; @9 ^, _* L9 [$ z: OThe president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.

2 D1 I+ k. j+ M. r2 A3 aThe 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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Vancouver is the still the hottest market at nearly $500,000 for a single-family home.

7 u* O+ h& _  z& {7 B/ }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.
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& d( `  P/ ^# L3 N6 P: P"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 $200,000 more than the asking price.
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. G- y6 G  o) l4 m( G- s$ c# }# xGeorgiana 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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7 n; z0 ^% P/ L7 w5 ?, D6 n注意是苦笑噢。