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Average home price tops $300K in major markets 4 Z9 @% \% b( j$ X, n
Last Updated Wed, 14 Jun 2006 14:05:59 EDT 5 F" w8 R+ ^( u* ]/ {
CBC News </news/credit.html>
7 d1 j% J+ T: i7 H% ~" ~) K4 |The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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T+ U/ w4 p5 ~. L. O- Q. BHome sales are rising faster than new listings " G& u$ A2 ?% k1 f0 V- g
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.7 a5 u! ?( ]# x- h; k6 Q1 }4 S
1 N8 m, ?2 c2 C' _It was the biggest yearly increase recorded in two years. 9 U- u' L2 F- A3 }
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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0 \6 y. h% G9 W* S/ [- R3 gRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.; |" M5 B: B' _% i' ^$ I) p/ ]
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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.& \& U8 Y$ i; ^7 [
0 \3 E3 u/ r$ s' U: S"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
0 F& f3 G: H; Y6 T" ]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): - d" V& S" r2 s- {
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Calgary: $358,214 (+43.6%)
0 T* Z7 J! e4 A( p' J' yEdmonton: $242,936 (+22.9%)
" Q; Y t4 U% J0 f' z/ @' }8 THalifax-Dartmouth: $210,225 (+7.6%) . O/ S9 R6 x+ D- f& J2 I9 }: m
Montreal: $219,433 (+8.2%)
0 r) t; d. Q9 fOttawa: $260,219 (+4.7%)
) |8 T9 k- y: ?' \* [2 z3 pQuebec City: $150,324 (+6.9%) . d' z1 j) T1 r1 T0 R
Regina: $142,147 (+10.3%)
3 b1 q/ H; s o6 h! {6 USaint John, N.B.: $129,844 (+12.3%) - m% s- a6 Z- |, i9 P0 u
Saskatoon: $162,279 (+11.5%) % e. d! f; l& [4 j" i) P
Nfld. & Lab.: $133,541 (-1.2%) 7 ]+ g* F5 Q/ C4 K
Thunder Bay, Ont.: $118,804 (-9.0%)
; }+ F/ z1 j) J" h$ b0 rToronto: $365,537 (+5.5%)
4 D. C u+ r1 z+ b5 hVancouver: $518,176 (+23.7%)
) F% F, c% O/ w7 |- FWinnipeg: $159,801 (+12.5%)
( X- d4 h8 } s- {7 ^& QCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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