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Average home price tops $300K in major markets
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
CBC News </news/credit.html>
, q. o9 D! }; u( X7 _/ {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.
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Home sales are rising faster than new listings
! ]5 z- W( a" y: |5 k& sMultiple 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.
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.

5 K' e( _' @2 s$ FRed-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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* Q! Q" q; Q% p  m/ x/ q9 f"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.

"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
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.

Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets):

Calgary: $358,214 (+43.6%)
Edmonton: $242,936 (+22.9%)
Halifax-Dartmouth: $210,225 (+7.6%)
* Q$ W7 {5 F) PMontreal: $219,433 (+8.2%)
% a. B0 A1 ?) X) e0 G5 B; G2 q9 u! UOttawa: $260,219 (+4.7%)
Quebec City: $150,324 (+6.9%)
# @2 _% ]0 E% ^- PRegina: $142,147 (+10.3%)
Saint John, N.B.: $129,844 (+12.3%)
5 s: m7 n5 u8 v  u/ [) OSaskatoon: $162,279 (+11.5%)
Nfld. & Lab.: $133,541 (-1.2%)
" N* ]3 \5 U, R# i. v7 k# u' |Thunder Bay, Ont.: $118,804 (-9.0%)
1 w" a* A' W( {: d/ a  lToronto: $365,537 (+5.5%)
2 I# I. v$ K% L3 P- xVancouver: $518,176 (+23.7%)
Winnipeg: $159,801 (+12.5%)
6 o2 D, c% Z3 P) }: K$ ?8 {Canada: $303,836 (+12.9%)

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原帖由 十年移民路 于 2006-6-14 22:02 发表
Average home price tops $300K in major markets
0 Q3 x  G3 J# ?: c$ F" p# wLast Updated Wed, 14 Jun 2006 14:05:59 EDT
CBC News </news/credit.html>
The average sale price of an existing home in 25 of Canada's major ...

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