Calgary housing prices mark milestone

屯民

Last updated Apr 12 2006 12:28 PM MDT
CBC News
The cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.
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8 V, x9 O# n, b+ X8 Z* BThe president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.

3 \' X- {- `3 X9 ^) _" |The average price of a home in Toronto is still higher than Calgary but the cost of a single-family dwelling – the most sought-after type of property – is about $363,000 in Calgary compared to $358,000 in Toronto.
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2 T$ \: d* r5 m- h3 P; UVancouver is the still the hottest market at nearly $500,000 for a single-family home.

Clark says there's one reason Calgary's market has shot up so quickly.
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/ H- g+ C& X9 B1 D! x9 M% n1 }"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.
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"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."

0 S# D: Y6 F' eRealtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.
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Georgiana Woods, who sells real estate in Toronto, believes that market will cool off while analysts in Calgary expect the city's unprecedented growth to continue.

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注意是苦笑噢。