Calgary housing prices mark milestone

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Last updated Apr 12 2006 12:28 PM MDT
; i5 v' P3 I! I2 T2 n& B% vCBC News
& {4 A% N, y+ y4 J, f' w( S0 DThe 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.

3 Y4 o* n8 A7 u2 C9 KThe 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.
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1 j3 r' W8 h1 L0 X7 hClark 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.

' h! m0 A6 C4 o& @: \9 U, G"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."

* p+ T) r3 n6 i9 J+ kRealtors 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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% D3 c! T& X8 @+ yGeorgiana 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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/ L) p! I, F6 d- N9 F+ M' p注意是苦笑噢。