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Average home price tops $300K in major markets
2 F, E) \ m8 S9 j dLast Updated Wed, 14 Jun 2006 14:05:59 EDT " f& h" m, e6 G* t. h+ l8 X7 X; [
CBC News </news/credit.html>
2 W9 U! W7 x$ Q4 F1 UThe 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.8 W" p0 p- a( R3 i
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2 @/ S6 q( s9 n: b7 A P, [% d( AHome sales are rising faster than new listings
F0 u+ E8 f p3 T3 pMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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) j9 t" \; P( I; V! W ]It was the biggest yearly increase recorded in two years.
, S$ f8 C9 x1 v z& f& W+ gThe Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.8 N" V6 y. T; w( A
; j4 s1 h$ E- W: a9 m0 m) [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., B# ^4 T; Y0 G* L4 G* c" q
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"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."
* }) }9 G7 X- ?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.6 e7 N6 X- U! d7 i6 J
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets): 1 e- v# e* `' R0 X8 k7 S: \) S( E5 g
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Calgary: $358,214 (+43.6%) 2 P" { _/ \! f8 D3 \
Edmonton: $242,936 (+22.9%) 1 u: v, K% s2 H/ b: W
Halifax-Dartmouth: $210,225 (+7.6%) & ^! A9 e/ T. g- Y
Montreal: $219,433 (+8.2%) & h+ ?$ ]% N# t) {& H# n3 d4 A0 e* |
Ottawa: $260,219 (+4.7%) 8 C8 Y- M& v! t2 H7 d
Quebec City: $150,324 (+6.9%) # z: |9 s+ ~+ K* d$ w1 I4 _
Regina: $142,147 (+10.3%) 3 r7 `5 A0 @# ]$ s x
Saint John, N.B.: $129,844 (+12.3%)
0 {% R8 }! }% wSaskatoon: $162,279 (+11.5%) 0 ^# J3 O0 K" X% ]/ W
Nfld. & Lab.: $133,541 (-1.2%) 6 z0 S& V2 \. N1 A. N* Z5 W/ V
Thunder Bay, Ont.: $118,804 (-9.0%)
4 D5 z0 V2 w+ S) IToronto: $365,537 (+5.5%) Z V7 @+ f9 k3 j
Vancouver: $518,176 (+23.7%) + V/ z# i6 n; ?6 I9 w& a k) T
Winnipeg: $159,801 (+12.5%) 4 G/ S7 W% e- k" A; ^8 B& @% d
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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