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Average home price tops $300K in major markets
& z9 _! F9 G0 m. ?0 ~Last Updated Wed, 14 Jun 2006 14:05:59 EDT % ^; z( d$ `5 `" I; ?
CBC News </news/credit.html>
5 S& y: _) W' A- L# n4 qThe average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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& ]1 i* s4 g, {& QHome sales are rising faster than new listings
) \/ q i! [6 i$ S7 E6 S$ nMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.1 h( u" N2 Y: v
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It was the biggest yearly increase recorded in two years.
$ D6 C3 m/ }( Y! z( _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.8 Y) I4 c! |2 X, y
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Red-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.1 C$ T) \; i9 L, B \; g: E
) {' e, z! L L, |7 {+ C8 {$ a4 h$ b8 D9 a"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
6 a" Y9 j+ L" c$ G4 N2 KOverall, 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.4 i8 p5 ?' a2 s6 p
! O4 j3 }8 ?8 z9 [ X' \/ HHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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5 M3 g/ H6 P+ l9 eCalgary: $358,214 (+43.6%) q/ o" L5 [: z. z3 ~5 K* o/ J
Edmonton: $242,936 (+22.9%)
- F2 [9 G; x! s# e3 Y- KHalifax-Dartmouth: $210,225 (+7.6%)
? M+ e5 G6 A) Y; b4 v0 cMontreal: $219,433 (+8.2%) 3 a% |, K( _, A2 _, m
Ottawa: $260,219 (+4.7%)
' c( n8 f6 |9 p5 ^$ PQuebec City: $150,324 (+6.9%)
7 b; V2 W/ G2 V% p8 ORegina: $142,147 (+10.3%)
, ^- s6 c3 ~. s; J+ N" c$ A; [Saint John, N.B.: $129,844 (+12.3%) 0 H+ R+ f- H& j6 I1 E0 H
Saskatoon: $162,279 (+11.5%)
+ U- G, l, v; \! t" {Nfld. & Lab.: $133,541 (-1.2%) % {9 U4 b$ O' {% S& h
Thunder Bay, Ont.: $118,804 (-9.0%) & G6 z+ N; U6 P* {( d
Toronto: $365,537 (+5.5%)
4 y: h7 V2 z$ u4 @Vancouver: $518,176 (+23.7%) 6 f* }# J8 a i' Z
Winnipeg: $159,801 (+12.5%) : V2 P" c1 e8 v8 {3 i# G
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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