Calgary housing prices mark milestone

屯民

Last updated Apr 12 2006 12:28 PM MDT
: {; e' a9 v/ r2 jCBC News
The cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.
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The president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.

0 J+ q. I' b- NThe 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.

, M, M( Q( M" p! F/ a, ]; uVancouver is the still the hottest market at nearly $500,000 for a single-family home.

6 n7 A. d$ I; `* s' u. o5 m- iClark says there's one reason Calgary's market has shot up so quickly.

7 z" ^( v7 l" c, y"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.
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"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."
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+ \. ~5 ?" W" q( d: 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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7 y- ^; x- `% a+ h" H8 `* c5 EGeorgiana 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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4 `5 [" Q, o2 _$ d注意是苦笑噢。