Calgary housing prices mark milestone

屯民

Last updated Apr 12 2006 12:28 PM MDT
& A9 F/ _- w3 z- Q9 k' G+ LCBC News
! ?! g8 `6 \# A9 U8 m2 `1 {The cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.

The president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.

The 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.
3 m7 w5 y+ P) {
Vancouver is the still the hottest market at nearly $500,000 for a single-family home.

Clark says there's one reason Calgary's market has shot up so quickly.

1 N  L# }/ t0 I, H5 w; o  T"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.

" c! |/ n; _/ A4 j: W, w"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."
- H/ E4 d( [+ }
Realtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.
0 e; \8 |5 D" N, d! i. _
" q; j0 x& G4 C! c2 SGeorgiana 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.

大棒骨

哈哈~~~~

" P5 _, G1 n* A( D1 r# d注意是苦笑噢。