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Average home price tops $300K in major markets
3 t8 p& R/ u: o' t/ r. D6 _; @Last Updated Wed, 14 Jun 2006 14:05:59 EDT ! w, z( v" Z9 H. u; c0 l# P
CBC News </news/credit.html>
+ U& M9 ?) a) c& b3 IThe 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.1 V# }7 y- x9 o; [3 F! k/ W
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Home sales are rising faster than new listings
3 v6 f5 w3 V( |% f! UMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.% H' W+ M& Y# w* P. e# H" P
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It was the biggest yearly increase recorded in two years. * H1 p1 j, C% e: I% h: i% w
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.6 X5 y5 l5 Z" o+ ~7 y" c: H
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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 $358,214.1 R Q+ e: K& d- c( g
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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." * f- q' l) B2 k
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):
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Calgary: $358,214 (+43.6%)
% `" c! i# I" P+ _Edmonton: $242,936 (+22.9%) a- ~2 f- M+ S9 j# t
Halifax-Dartmouth: $210,225 (+7.6%) 6 Y/ t1 |' Y, P/ z$ g
Montreal: $219,433 (+8.2%) $ ^/ T+ D+ G' }6 G) S( i+ D1 Z0 w! T
Ottawa: $260,219 (+4.7%) q0 m( S9 k! M) {9 L; U
Quebec City: $150,324 (+6.9%) ' b" W; e T l0 P* y
Regina: $142,147 (+10.3%) " ^$ T* N# H/ i& { y( E
Saint John, N.B.: $129,844 (+12.3%) 7 j- s2 r, U" s) H
Saskatoon: $162,279 (+11.5%) . a( I# G7 X' h' u
Nfld. & Lab.: $133,541 (-1.2%)
3 }0 O }+ ?1 h/ B$ G0 K: a) a4 BThunder Bay, Ont.: $118,804 (-9.0%)
3 q/ b0 d" v7 M: |8 YToronto: $365,537 (+5.5%)
4 b9 j6 U9 T* z# B+ `3 V6 y& WVancouver: $518,176 (+23.7%)
# l# q) v0 P0 I" J, F: O* P$ SWinnipeg: $159,801 (+12.5%) 9 m& Z$ V) E. r) t% {. y
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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