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Average home price tops $300K in major markets
8 p3 k! i7 x1 yLast Updated Wed, 14 Jun 2006 14:05:59 EDT
% ]6 h/ _8 ?& S, pCBC News </news/credit.html> 2 w7 B* B6 E7 w
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.0 K4 C8 _8 B3 r! t6 {4 `; S
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: H4 i, C7 O% h8 c3 Q" K5 |Home sales are rising faster than new listings
; o+ z2 T. [% Y" o; z* _5 x, LMultiple 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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It was the biggest yearly increase recorded in two years. j% q; \0 }5 V6 Q& a. h# n
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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% b# k7 l9 D! h1 P- }% Q, V6 l4 LRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." / H! @; X- T) R g S/ O, _& ~
Overall, sales in the country's major markets rose 4.4 per cent to a record 37,460 units in May. On a year-to-date basis, sales activity broke records in 12 cities across the country.
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets): % c3 l7 B( J. p- U+ }' k' _" R+ I
2 [8 U$ C$ y4 x8 ^Calgary: $358,214 (+43.6%) " b7 O" }6 M' K' k0 G, C
Edmonton: $242,936 (+22.9%) " f+ x1 o( w1 C. F8 d
Halifax-Dartmouth: $210,225 (+7.6%) # a8 T x4 T9 i1 P! s$ U0 k8 K! y- T- D
Montreal: $219,433 (+8.2%) 5 G4 Y" }, e7 G3 l
Ottawa: $260,219 (+4.7%)
* ` J% H$ N# R9 E9 x- sQuebec City: $150,324 (+6.9%)
+ u/ J+ `3 I! ]; BRegina: $142,147 (+10.3%) , l# ~2 e0 L. a6 x
Saint John, N.B.: $129,844 (+12.3%) * m7 W* P9 V: S- I) @1 g% o& d( g
Saskatoon: $162,279 (+11.5%)
+ D6 \9 S+ Z$ r; {Nfld. & Lab.: $133,541 (-1.2%)
1 D3 u- E1 V: S$ y ~Thunder Bay, Ont.: $118,804 (-9.0%) 9 d* `2 [& l1 v3 ~9 \$ y. h
Toronto: $365,537 (+5.5%) ( w1 S7 g$ s+ [) G
Vancouver: $518,176 (+23.7%)
, Q7 `( j( l/ n# I% vWinnipeg: $159,801 (+12.5%)
" _+ y6 b+ A+ v" F) F) @Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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