Calgary housing prices mark milestone

屯民

Last updated Apr 12 2006 12:28 PM MDT
/ \$ }% x5 S" T, KCBC News
$ n! n9 J4 n1 U3 d" `6 LThe cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.

The president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.
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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.

Vancouver 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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"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.

"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."
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2 K; `' Y1 q- @- G  V& O. O: uRealtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.

, x: p# {3 g0 I  `  NGeorgiana 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.

大棒骨

哈哈~~~~
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注意是苦笑噢。