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Average home price tops $300K in major markets
; S5 V9 G! r0 B2 x9 eLast Updated Wed, 14 Jun 2006 14:05:59 EDT 6 u9 A9 A" C1 j# ~/ W3 h; t: ^
CBC News </news/credit.html>
2 q a0 ~/ B8 i" t 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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1 n- L* I7 L/ j6 rHome sales are rising faster than new listings
9 G0 ] J/ r0 L! j- d& c+ K4 T7 SMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005." N0 A& F: w! V; U6 o; ~
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It was the biggest yearly increase recorded in two years. + _ S- A3 Y! C+ X9 Y
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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Red-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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$ G/ b5 ?# |" E/ F"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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8 ?6 r" F- h# C( |# A6 Y% v"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." : y% N# v% e& b
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.
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets): V, N: T. |$ T, @6 I3 _
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Calgary: $358,214 (+43.6%)
' w i9 M+ J/ A# N4 V `, S9 iEdmonton: $242,936 (+22.9%)
5 Z, S% J8 X: Q0 z6 c* y3 x) [Halifax-Dartmouth: $210,225 (+7.6%)
( D" Z3 R) I- {4 }/ UMontreal: $219,433 (+8.2%) ' l9 |) l4 ?- w, A" U
Ottawa: $260,219 (+4.7%)
6 ~2 ~1 w: T# B, L, N5 j- T- ]Quebec City: $150,324 (+6.9%)
5 R9 b# R' x2 T7 eRegina: $142,147 (+10.3%)
" X- s1 W+ t* }! L1 |Saint John, N.B.: $129,844 (+12.3%)
6 o. }- I8 t- v; H+ Q/ v) YSaskatoon: $162,279 (+11.5%) 6 X- d) H' e1 N
Nfld. & Lab.: $133,541 (-1.2%)
) d5 u3 g" [% v" z& k/ D+ LThunder Bay, Ont.: $118,804 (-9.0%)
1 ]+ i, E3 l9 a GToronto: $365,537 (+5.5%) ( X7 @( p! P- Y
Vancouver: $518,176 (+23.7%)
+ v0 T4 m& u8 r4 a- \0 \6 ZWinnipeg: $159,801 (+12.5%)
) C# w K! b* [: @' k% JCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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