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Average home price tops $300K in major markets 2 `) A/ R4 k- `7 {
Last Updated Wed, 14 Jun 2006 14:05:59 EDT + Q2 a2 a4 `4 N$ y6 U5 W
CBC News </news/credit.html>
% k* W% z! G% ]9 DThe 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.
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8 W( s) i7 x9 V! iHome sales are rising faster than new listings
& R( _! V3 V0 T u N( {Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.: Y1 ^ d9 j! J* s- T! O: e
]7 s( r: e7 o( L% ?5 ^5 }It was the biggest yearly increase recorded in two years.
& ?/ c/ X) p9 K& S" NThe 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 $358,214.
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( m2 T3 Q! w) z$ O0 Q+ r3 l5 w"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.* W% N Y! {. L" ?) v
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." 2 E/ v: U+ O8 r. k& N0 R: t2 G
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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( d, }# c' v+ Z" b, n4 ] IHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): ' S# K+ O, Q5 m* g8 e
, h+ l8 ~2 H2 d" w/ \% P# L1 ^Calgary: $358,214 (+43.6%) # v+ C" P5 b$ w8 @& ~1 \ f2 v
Edmonton: $242,936 (+22.9%) 7 H. V# F B! b8 b1 h) m
Halifax-Dartmouth: $210,225 (+7.6%)
6 V1 t* z! D/ M8 qMontreal: $219,433 (+8.2%) 2 |5 O( h$ K2 x7 M
Ottawa: $260,219 (+4.7%)
- J5 E0 F( [( l" DQuebec City: $150,324 (+6.9%) - H( }4 q- g$ _3 J' Y5 K% p
Regina: $142,147 (+10.3%)
u) t3 b" X, K# U9 Z. E4 g' [0 ISaint John, N.B.: $129,844 (+12.3%)
, G( c+ S; j5 MSaskatoon: $162,279 (+11.5%)
. q6 _! o; }" B x: [Nfld. & Lab.: $133,541 (-1.2%) 4 ~; }9 @! h6 c# u% |
Thunder Bay, Ont.: $118,804 (-9.0%)
! D+ m1 u1 Z+ N( lToronto: $365,537 (+5.5%)
6 A. n2 W5 C/ p i5 kVancouver: $518,176 (+23.7%)
0 D6 {4 a) W* t& f5 X( UWinnipeg: $159,801 (+12.5%) ; v! Q, R& b$ {6 ~9 i
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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