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Average home price tops $300K in major markets * R" B5 k6 r3 |$ Y! s
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
! t5 L, a9 f R8 {$ ?CBC News </news/credit.html> 9 S7 y$ T$ c: s H
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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( ^' a$ f" Q* K- r, m. _Home sales are rising faster than new listings ' \. d8 K! E% ^
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.# A; K8 _8 Q, P+ i8 A
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It was the biggest yearly increase recorded in two years. `0 O, o# W* k) j
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 t- U4 L8 w1 P5 d( w' VRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.' @" b" C- e. |! [1 S( I# @3 s
, |- y- l9 x! g& s/ X/ c"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.* e5 p8 r; E$ m i
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." 3 L6 M! l- F1 {2 S5 y) S% h2 }5 @
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.7 R9 [8 d7 h, ]; P, T/ s
& ~7 k. S5 P& _3 W; z7 bHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): 4 k$ A+ e) l, n4 e
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Calgary: $358,214 (+43.6%)
7 t( t1 P2 X: A3 ?# B# QEdmonton: $242,936 (+22.9%)
0 S; ^7 ?, o& {3 z+ ~7 qHalifax-Dartmouth: $210,225 (+7.6%)
F) }3 S) B3 M$ ?Montreal: $219,433 (+8.2%)
6 r. i+ B) g. v$ LOttawa: $260,219 (+4.7%)
) t' ]' U; T' Y% {' GQuebec City: $150,324 (+6.9%) . P3 I) K, ] [9 s/ g
Regina: $142,147 (+10.3%) # s* y/ s; S9 Y( O2 F
Saint John, N.B.: $129,844 (+12.3%) " n# p3 y+ e6 F! P
Saskatoon: $162,279 (+11.5%) }$ \2 n' h# ]7 |" R D1 r
Nfld. & Lab.: $133,541 (-1.2%)
1 S( V8 E7 J& [Thunder Bay, Ont.: $118,804 (-9.0%) ) i6 l- {' v8 {! w4 {& B" k& F2 u
Toronto: $365,537 (+5.5%) 6 y# t7 \4 v% |% o) _# y7 T
Vancouver: $518,176 (+23.7%) ; b0 c L) I, j
Winnipeg: $159,801 (+12.5%)
7 l3 ?5 i9 ~. A! H( j( YCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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