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Average home price tops $300K in major markets
; ?8 a- s! z! U# Y1 _- VLast Updated Wed, 14 Jun 2006 14:05:59 EDT
% z% L0 z6 u/ B7 QCBC News </news/credit.html>
. V: r. S; v( G! V k, oThe average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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2 V+ ^( O& f/ P& @Home sales are rising faster than new listings : d$ k2 W* i# j5 W( r
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005. f5 d6 [; X- K' H# H7 V4 `5 ?
1 Q9 o: Q- A8 p4 YIt was the biggest yearly increase recorded in two years. , E3 Z4 K% a2 q3 \
The Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.
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8 T8 l9 z" C4 b$ b, 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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9 k! J; k1 N: Y: Z* C9 M/ k"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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( a5 s5 J3 \% ?4 E& A; g"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
0 a0 |0 O3 d- L( F3 @# NOverall, 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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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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, n( p1 a4 r) }; Q1 n7 sCalgary: $358,214 (+43.6%)
2 X$ L2 P9 J0 S/ w( JEdmonton: $242,936 (+22.9%)
. v8 i3 N0 ^0 t. QHalifax-Dartmouth: $210,225 (+7.6%)
3 z( ]5 C& a. [Montreal: $219,433 (+8.2%) 3 ~' ~( x1 N6 b# q
Ottawa: $260,219 (+4.7%)
! N' x$ d" x; l7 L+ KQuebec City: $150,324 (+6.9%) 4 z D# j2 b" D5 ^- z
Regina: $142,147 (+10.3%) 1 c3 _+ `( _6 s' Y* O6 k
Saint John, N.B.: $129,844 (+12.3%)
. p& f9 _$ e4 M- D; v9 P8 xSaskatoon: $162,279 (+11.5%) . g o6 P# J- W$ P7 Q" @$ h; Z* ^
Nfld. & Lab.: $133,541 (-1.2%) ) u0 r& D8 d( @& d, ~* [( F0 P( o
Thunder Bay, Ont.: $118,804 (-9.0%)
2 | U! i! M; PToronto: $365,537 (+5.5%) * W/ a* d' u7 }$ ^, C+ i6 H
Vancouver: $518,176 (+23.7%)
1 ~3 {, s9 G: IWinnipeg: $159,801 (+12.5%)
- l& I4 b" E+ x' E7 FCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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