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Average home price tops $300K in major markets
! T+ b0 p" j! l6 N1 n) Q: ZLast Updated Wed, 14 Jun 2006 14:05:59 EDT ) [, ?( x# E2 A* w7 R9 X8 B
CBC News </news/credit.html> % X+ r' \8 ~" z% o7 y$ ^$ k
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.* e/ E# v9 E* a Q! ~6 I/ I( _
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Home sales are rising faster than new listings 6 i. q% C9 W$ p: N, q
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.( H8 F1 }. d" u* \ ?2 J5 D1 @* i
# M; q: h! }( C# V' p8 h4 F( s7 PIt was the biggest yearly increase recorded in two years.
, r" y3 U. @* W* Q4 I% w. C" PThe 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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, U% ^0 i: m& }! I* GRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.8 S* e- Q- L6 w5 K" |0 i+ V
+ k* a$ K6 ^5 [' l+ m"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.: v. r5 |: [1 |) s
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
! |; c! ?: j* F/ w" i! b8 YOverall, 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.! X3 x& b2 B% s* e. q- _9 f
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets): ! w$ h: _/ G- @8 K3 l
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Calgary: $358,214 (+43.6%)
% v! ^/ {, S- b+ }5 WEdmonton: $242,936 (+22.9%)
# H. H5 |( d# [; J6 ~Halifax-Dartmouth: $210,225 (+7.6%) " D2 S; R7 \+ g0 Q$ o
Montreal: $219,433 (+8.2%) `! ^& a7 m, [3 k" P/ T
Ottawa: $260,219 (+4.7%) 5 ~4 i b& [6 d7 a+ i
Quebec City: $150,324 (+6.9%)
1 {) u# g- l3 w: G6 Q0 e8 S4 m( PRegina: $142,147 (+10.3%) $ n. Q0 U7 {" j+ d; W+ r& h- ~& ~
Saint John, N.B.: $129,844 (+12.3%)
! v' u( m6 |3 M) WSaskatoon: $162,279 (+11.5%)
, \6 n- y2 W b( q; n# {1 _/ }Nfld. & Lab.: $133,541 (-1.2%) : Z8 u0 W1 r$ w! m& Y; P2 E: i- V
Thunder Bay, Ont.: $118,804 (-9.0%) 1 P/ g) r) R* M6 T. _
Toronto: $365,537 (+5.5%)
/ I) {' v& {! k8 _/ }$ JVancouver: $518,176 (+23.7%) & u9 Q- q! f d3 ]- E: r
Winnipeg: $159,801 (+12.5%)
% N' {4 Q* |( r5 |. j3 Z$ O6 O# CCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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