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Average home price tops $300K in major markets 6 w) o8 n( d7 E4 U
Last Updated Wed, 14 Jun 2006 14:05:59 EDT 1 O; b# @, c8 o" p' e
CBC News </news/credit.html> * i$ S+ L5 K3 D9 L1 W
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.% [. ~# x# C V: N5 r4 P- p+ Q+ q& [
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Home sales are rising faster than new listings
0 J0 j5 h- }8 ~6 C' `+ r* I& c9 ?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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It was the biggest yearly increase recorded in two years.
$ n9 w+ R5 U0 m' R' xThe Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.$ M- A. m, F& G& `
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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 $358,214.) g K" p. K" K; i2 ]
1 q( ?2 ? A; Q' D4 I3 M"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.5 q- t9 ?% E( ^# k$ ~
1 q8 L" a( Y% s+ b6 U# Z2 F0 @0 c. X"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." * q; W, a$ R: y: i
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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) R) t$ E) e' b: M- nHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): + u* d. T' A& s) B% ]) h
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Calgary: $358,214 (+43.6%) * T, C9 \# U4 B* y% B8 X, {
Edmonton: $242,936 (+22.9%)
; J0 `% o& M2 g% f* FHalifax-Dartmouth: $210,225 (+7.6%)
8 {8 s% P& P9 x- l, r) N9 @: E4 a- mMontreal: $219,433 (+8.2%)
' y! y( p- W' n. fOttawa: $260,219 (+4.7%)
5 L& l2 }2 u* W0 @$ i# sQuebec City: $150,324 (+6.9%)
" O- o/ i' Y8 M, CRegina: $142,147 (+10.3%)
# z# n E5 a/ y& q) ^, cSaint John, N.B.: $129,844 (+12.3%) # z: [2 z8 h! ~; w3 v' I
Saskatoon: $162,279 (+11.5%)
: e4 s' g+ ]8 Y+ o/ C4 LNfld. & Lab.: $133,541 (-1.2%) ! Q. A2 z0 W* J5 I U& y P) `
Thunder Bay, Ont.: $118,804 (-9.0%) 7 X1 F D# ]; S% @, Q* s( v
Toronto: $365,537 (+5.5%)
4 a/ e2 H* h" @Vancouver: $518,176 (+23.7%) * \+ R; l! l' g* q, h# \+ N% i ]4 F
Winnipeg: $159,801 (+12.5%) 0 t' w0 i" [1 M! W$ i
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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