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Average home price tops $300K in major markets # k: Z2 U( F; B( J/ Q
Last Updated Wed, 14 Jun 2006 14:05:59 EDT 7 Z- p$ H/ V! ?3 H6 W( X
CBC News </news/credit.html> + s' g$ t3 i0 V: X% I3 w# I3 b) J* f
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.5 J$ u8 f: Z" G3 P
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Home sales are rising faster than new listings
& w- H4 m- r! q& M8 S, BMultiple 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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1 X! n( W1 j& a) Y' FIt was the biggest yearly increase recorded in two years.
0 y% I; Y" V* @( {/ z b4 |# s" |7 [# BThe 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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+ I' @' q; t7 h5 ^8 ERed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.) Z, h( n$ m- h) k1 J
1 B* I6 q V/ w2 |* D% p H' O, c"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." ( N- r+ v: P9 ^# I1 V/ l4 q
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' ^; S+ b" H k4 G5 e3 LHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): & U' U8 v% D7 p$ Y; T: F
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Calgary: $358,214 (+43.6%) + S+ {3 D. `. \ R I% K" E
Edmonton: $242,936 (+22.9%) } f/ [/ r6 g8 a
Halifax-Dartmouth: $210,225 (+7.6%)
& H' }- B) P5 y% u9 L$ A8 PMontreal: $219,433 (+8.2%)
0 o( \% z3 w$ D0 O$ @; ?) a" bOttawa: $260,219 (+4.7%)
! `# g; z8 B0 X" fQuebec City: $150,324 (+6.9%)
6 j5 ^! e2 z# ?# G$ j+ RRegina: $142,147 (+10.3%)
' o' y% C1 m) h: e7 T: _- L bSaint John, N.B.: $129,844 (+12.3%) 5 v' d$ }0 V0 _* P' E' d
Saskatoon: $162,279 (+11.5%)
3 h) b; `7 P5 [! a4 k+ oNfld. & Lab.: $133,541 (-1.2%)
6 T% A4 t2 U3 t7 N4 xThunder Bay, Ont.: $118,804 (-9.0%)
- h) |) k, x/ x' _" dToronto: $365,537 (+5.5%) 4 {6 t% t* c" X4 z5 V5 ?+ z
Vancouver: $518,176 (+23.7%)
V1 z ]( F' u3 m9 B, ZWinnipeg: $159,801 (+12.5%)
! V u$ r3 Z/ y" L/ l/ SCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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