Calgary housing prices mark milestone

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Last updated Apr 12 2006 12:28 PM MDT
/ Z+ K5 x6 t, p$ I' v, W1 n# wCBC News
3 X' o1 W/ I+ r9 iThe cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.

The president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.
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: T: c% e; B. P+ @+ }4 O0 ^. L% jThe average price of a home in Toronto is still higher than Calgary but the cost of a single-family dwelling – the most sought-after type of property – is about $363,000 in Calgary compared to $358,000 in Toronto.
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( E" I! `. f5 \  a2 N" PVancouver is the still the hottest market at nearly $500,000 for a single-family home.

Clark says there's one reason Calgary's market has shot up so quickly.
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"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.

"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."

0 ?5 s- b* c; h- n5 Y7 L: tRealtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.
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3 X& ~- W0 e) e0 ?/ fGeorgiana Woods, who sells real estate in Toronto, believes that market will cool off while analysts in Calgary expect the city's unprecedented growth to continue.

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' ?- J+ `: V" V' t( ]注意是苦笑噢。