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Average home price tops $300K in major markets . H- G! ^; Z( H* J
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
, o4 n( d* I) c2 S- ACBC News </news/credit.html> & V @' v$ @7 B8 i
The 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.# E; _7 l; l) I# \. M5 g
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Home sales are rising faster than new listings 3 |% J" N, i( _. Q) P
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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; M! V$ b$ w: w5 a. CIt was the biggest yearly increase recorded in two years.
; b! u! z6 h: ~8 r% T2 cThe 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.
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( A7 W6 Y: K% Y4 a% n4 VRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.
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$ ~2 S9 U) I4 H1 D"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
! Q3 }4 |3 ?9 I- f3 n) g% N; LOverall, 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./ Z7 H! ]" F4 y/ p- n, N1 q
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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%) ) s% b4 j0 _0 u2 U6 m) x
Edmonton: $242,936 (+22.9%)
% K+ z4 A4 R& a8 q- f9 zHalifax-Dartmouth: $210,225 (+7.6%)
" w, w+ b3 J" N# KMontreal: $219,433 (+8.2%) * G8 v! }$ U: ^2 ~
Ottawa: $260,219 (+4.7%) - t/ H9 L7 f2 Y2 J6 S' e
Quebec City: $150,324 (+6.9%)
; `; S3 k4 [- a$ k& ^# SRegina: $142,147 (+10.3%) / X: _8 ^9 u( S( j/ T3 |% ^# O p! L. \
Saint John, N.B.: $129,844 (+12.3%)
& E1 i1 ?2 w2 e5 K8 {Saskatoon: $162,279 (+11.5%) + j# U2 P. c8 s4 ?% h
Nfld. & Lab.: $133,541 (-1.2%)
* G; }: W; Y' v3 R; H# b& HThunder Bay, Ont.: $118,804 (-9.0%) : [: F, q L3 ]
Toronto: $365,537 (+5.5%)
$ A' |5 M% M( x; G; ?8 ~! Z* \Vancouver: $518,176 (+23.7%) / f# M# G& t; x9 X7 e
Winnipeg: $159,801 (+12.5%)
& A2 q) V! r$ s pCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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