Calgary housing prices mark milestone

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Last updated Apr 12 2006 12:28 PM MDT
CBC News
, R2 t, _+ c" P# R6 BThe 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.

( U5 q" n5 P* r& W; b% F$ J& X' qThe 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.
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& o, e8 @) ]# q& Y0 `) [Vancouver is the still the hottest market at nearly $500,000 for a single-family home.
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' w& I% J9 ?( m7 xClark says there's one reason Calgary's market has shot up so quickly.

; c2 s$ r. m. O2 T- a, w"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.

9 c' Z- B* h5 {' Z/ b! W"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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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.
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! V' E; c4 F5 f' KGeorgiana 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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3 a/ A* x/ h& j) @9 U6 `注意是苦笑噢。