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Average home price tops $300K in major markets
# T6 `0 e9 c+ B; v' tLast Updated Wed, 14 Jun 2006 14:05:59 EDT : ^+ J. t* i' B; O
CBC News </news/credit.html> & I1 u0 P! ?/ Z
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.* X6 a' ?5 T, v+ `9 b5 ^
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Home sales are rising faster than new listings
& X0 R5 e) U+ {) u1 C/ J0 i, jMultiple 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.
: W& d( Z- S0 D1 k; JThe Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.$ I. |( O% \6 D1 Y$ [8 i
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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 $358,214.8 o% q0 ]! `1 m% t" M' K
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
8 }$ [& `7 J8 ^4 r; _1 oOverall, 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." _ t C% D, I- _' `; g- d5 ^
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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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6 d1 }* f, T+ H! Y' zCalgary: $358,214 (+43.6%) & e" ~" ?2 s3 R" j9 D
Edmonton: $242,936 (+22.9%) / ^9 d6 B/ c5 a! ^+ Z- m9 Y
Halifax-Dartmouth: $210,225 (+7.6%)
e0 W2 g( G1 S+ R: BMontreal: $219,433 (+8.2%)
. ], y* i$ ~: @3 Q1 W6 sOttawa: $260,219 (+4.7%) # M* d2 n/ T) F
Quebec City: $150,324 (+6.9%) . Z) F1 a, N; k) Q8 [( Y
Regina: $142,147 (+10.3%) 3 e6 u& P/ b7 E4 t5 ^1 d
Saint John, N.B.: $129,844 (+12.3%)
; B Y: ~8 R5 C% wSaskatoon: $162,279 (+11.5%)
: b6 p. K3 |0 h# sNfld. & Lab.: $133,541 (-1.2%) * m& O+ I0 v% F5 F( `1 Z
Thunder Bay, Ont.: $118,804 (-9.0%)
) z1 s2 U J* `2 fToronto: $365,537 (+5.5%)
* |3 C; a& w5 P- W X. A0 K: q* N3 C. |Vancouver: $518,176 (+23.7%)
+ m4 f5 l! ]3 k/ gWinnipeg: $159,801 (+12.5%) # I3 P0 H; N! P( S! [2 F& z
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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