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Average home price tops $300K in major markets 0 H& ]3 E- J' d0 G* f! T
Last Updated Wed, 14 Jun 2006 14:05:59 EDT e$ Y, p0 o- V# N' F. M3 a4 F6 J6 w
CBC News </news/credit.html> 5 V' U- E( o/ |) S2 Z
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.' \0 b/ s* }6 D& K9 b" F1 b
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Home sales are rising faster than new listings
. D. M' S1 J! Z ]/ {$ z* zMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.- @5 J! |3 \$ a+ K( e
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It was the biggest yearly increase recorded in two years. 3 w$ j7 @4 ~8 F1 U; n- F
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.
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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 $358,214.7 O5 \* V2 m) B1 {& N1 e
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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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2 p' m4 d( O' Y |"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." + n2 T- A3 A0 Q8 T3 K5 ^* V
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.1 ^* W9 J9 l) P: `
" t% n' |. [3 Q2 _& YHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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Calgary: $358,214 (+43.6%) , z) C5 j. Q% w; e! O3 ?1 ~
Edmonton: $242,936 (+22.9%) # o e9 |, B. ^: i$ R. @2 r: l- y' v
Halifax-Dartmouth: $210,225 (+7.6%) # x/ C: U) j' z) ?. a
Montreal: $219,433 (+8.2%) % [( O( w, d1 g8 U
Ottawa: $260,219 (+4.7%)
3 G9 E* T8 g! xQuebec City: $150,324 (+6.9%)
+ G+ K" y. ^& ~, b [& a8 H5 bRegina: $142,147 (+10.3%)
9 D4 I+ G% f- F! d; BSaint John, N.B.: $129,844 (+12.3%) 6 J. n$ V# n1 o* @" m
Saskatoon: $162,279 (+11.5%) % _/ k& q/ Z, [' @$ y3 d3 L
Nfld. & Lab.: $133,541 (-1.2%) 5 v. Z- S* }2 ?4 o
Thunder Bay, Ont.: $118,804 (-9.0%) ; M6 ~0 i1 [5 l- Q# M# h5 w
Toronto: $365,537 (+5.5%) ' ], A7 r2 m1 ]0 h9 [6 d( g
Vancouver: $518,176 (+23.7%) . e1 l& q% u2 Y6 q' S
Winnipeg: $159,801 (+12.5%)
d, b* ~$ q# U, _& s# k2 _Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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