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Average home price tops $300K in major markets 9 [4 r6 S! Z) t) K3 F* n2 ] t
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
" L7 a: ?$ Z n) _. p( dCBC News </news/credit.html>
" S- A1 W! x/ ^- [( Q0 BThe 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.- M# c6 c, ~* m/ k
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Home sales are rising faster than new listings , Z! T# a5 M' ]- m: D0 Q
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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) D; l8 t1 {3 ^7 X4 QIt was the biggest yearly increase recorded in two years.
0 E8 J. h Y" }" o$ v7 A/ zThe 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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7 V7 i6 p7 L1 W- s* uRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.. S: a7 x# i; m+ f. |/ l
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.- j F4 R# O4 a9 c: F$ O6 @
5 C3 A0 Y Q$ f"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." C. A; y4 g! ^" K6 M( A
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.1 y1 _; {' y. C( {( n U& |7 i5 ~" L
! r, Q# W+ Z5 _5 M* g, nHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): . |+ b1 `: {7 t
; Z1 M# _9 Z3 i0 M9 r# SCalgary: $358,214 (+43.6%) ( I. q9 ]5 t4 _# t$ a
Edmonton: $242,936 (+22.9%)
& G* t2 S9 N2 W' R8 BHalifax-Dartmouth: $210,225 (+7.6%) 2 ?3 @% ~4 n) Z
Montreal: $219,433 (+8.2%) 9 m3 ?3 u1 a7 {5 C! e/ [
Ottawa: $260,219 (+4.7%)
. V2 j u! z8 R( V* m6 _Quebec City: $150,324 (+6.9%) : F+ I: h2 e& _5 h P1 w3 d% X2 V
Regina: $142,147 (+10.3%) 6 Q' M2 g( U5 u1 _* b
Saint John, N.B.: $129,844 (+12.3%) 2 ]9 x2 u1 U# @7 Z/ v
Saskatoon: $162,279 (+11.5%) ^/ p& l" i5 l/ M7 L- W; a" u
Nfld. & Lab.: $133,541 (-1.2%) 4 ]6 Z9 n) g; A7 R4 x- k
Thunder Bay, Ont.: $118,804 (-9.0%)
7 C8 H0 }. @$ S+ t9 D: N G! rToronto: $365,537 (+5.5%) 0 `1 U! d6 F5 ?6 y4 o- I/ H
Vancouver: $518,176 (+23.7%) - l* J. ~4 k9 t
Winnipeg: $159,801 (+12.5%)
5 i( E! K r5 O3 S qCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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