Calgary housing prices mark milestone

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Last updated Apr 12 2006 12:28 PM MDT
CBC News
9 g1 R2 |2 M( c  c* ^/ }The 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.

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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Vancouver is the still the hottest market at nearly $500,000 for a single-family home.
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Clark says there's one reason Calgary's market has shot up so quickly.
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"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.
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6 ~+ n# X+ D0 U6 j9 D$ e"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."

) p+ [: y% e2 G3 b! A/ u4 ?Realtors 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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+ t* v% g/ J8 B+ l2 FGeorgiana 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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3 d, _/ D  F5 S1 V$ V5 _- N5 D! ^注意是苦笑噢。