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Average home price tops $300K in major markets
3 X8 B9 G& t# Q1 ?& b6 ?Last Updated Wed, 14 Jun 2006 14:05:59 EDT
: t. T: b4 W8 Y1 b7 Q+ `; X4 o8 ~CBC News </news/credit.html>
6 {& K) e2 n6 d; s* XThe average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.7 v) n# x$ ?) P0 E& q( N
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% e, W4 @6 C" I. E4 XHome sales are rising faster than new listings
$ w# Q0 _# E( n& l2 g- MMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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& u) h& _5 ^, Y, V* B' W+ YIt was the biggest yearly increase recorded in two years.
6 r; n3 |! r8 _" q; GThe 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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% |+ A4 s7 W1 k% z( ?4 B0 s3 e( kRed-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.% }' [# G3 @! J2 j% W: w+ N! U
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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.! {' `; T8 W" R+ h3 p' R
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
/ G+ ^" x( G3 o& ], V" O: mOverall, 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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9 P3 N; X/ p" @) E/ JHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): $ w5 {. b/ a- c" Y
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Calgary: $358,214 (+43.6%) , o) b4 A+ @6 ?; m5 ?6 j9 \/ D
Edmonton: $242,936 (+22.9%) # M7 Q# e' V8 D; c1 N) G$ t$ L
Halifax-Dartmouth: $210,225 (+7.6%)
+ L8 N0 j0 F( }/ h0 r2 p* jMontreal: $219,433 (+8.2%) $ J5 ]6 J1 L/ X, \ z
Ottawa: $260,219 (+4.7%) * x9 w2 T6 l$ d1 b! @0 n# B5 ^" w
Quebec City: $150,324 (+6.9%) : P* l/ r4 E* U. {; [& ~6 Z
Regina: $142,147 (+10.3%) 7 x3 z% l a1 n! Z
Saint John, N.B.: $129,844 (+12.3%) / e1 h. _+ R/ f1 d9 O( ]: ~- U
Saskatoon: $162,279 (+11.5%) - t0 ]# V1 j+ `' x: J8 \: G
Nfld. & Lab.: $133,541 (-1.2%) 4 g! S2 O: U) }2 m
Thunder Bay, Ont.: $118,804 (-9.0%)
( Z2 Z2 e; R" N, tToronto: $365,537 (+5.5%) 6 E8 `% H. H, Q) C! ^
Vancouver: $518,176 (+23.7%) / _, a( z, b4 n, `
Winnipeg: $159,801 (+12.5%)
) A9 l! l. N1 k4 c4 E. g; F0 rCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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