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Average home price tops $300K in major markets 5 N/ L! |8 h% M
Last Updated Wed, 14 Jun 2006 14:05:59 EDT 2 l7 n/ w3 q) h2 E$ v
CBC News </news/credit.html>
# h5 c1 ]+ A% O$ S' V3 TThe average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.% H0 Z, n' I. n9 a; r8 B1 n
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$ ?9 D- \2 I3 Z2 d+ m {1 _7 c; ZHome sales are rising faster than new listings 2 w' W$ y# p9 v3 j" M& r
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.8 X% y- P3 U# z; [7 V# s
' |' r( X% G% A: m" `It was the biggest yearly increase recorded in two years.
) ?9 }( S* X0 z+ HThe Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.' u4 z3 k$ b, r4 s; h* e
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Red-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.% }. O. B, b$ H8 D& S( B
9 x% E9 E" V. Z2 ~2 x"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
9 u5 s1 h4 u3 [Overall, 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.1 y& t' B# ^8 A1 Q1 c
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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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$ d B- ~4 N S4 v8 o* T$ e. TCalgary: $358,214 (+43.6%) : j# f, K& {$ D) `% [
Edmonton: $242,936 (+22.9%) d5 l7 ^' C$ ~( m
Halifax-Dartmouth: $210,225 (+7.6%) 0 F- Z, {# Q @& s
Montreal: $219,433 (+8.2%) $ J. m S. J. f. A
Ottawa: $260,219 (+4.7%)
1 K0 d3 \+ Y; LQuebec City: $150,324 (+6.9%)
) I- p& J* t+ g: P7 o0 ?6 ORegina: $142,147 (+10.3%)
) O& q) \/ [. j+ q4 d3 h, p" CSaint John, N.B.: $129,844 (+12.3%) - P- p) m9 D0 i, u2 y
Saskatoon: $162,279 (+11.5%)
9 C" y. K8 \9 k6 s/ v& ^Nfld. & Lab.: $133,541 (-1.2%) # k" n0 E0 a" }' R" O# V. B( C
Thunder Bay, Ont.: $118,804 (-9.0%)
6 r/ n! U! f0 \Toronto: $365,537 (+5.5%) 2 ?0 O) h5 ]$ Q3 O+ O
Vancouver: $518,176 (+23.7%) 4 y- J. P9 X+ {
Winnipeg: $159,801 (+12.5%)
3 _4 M g. t$ v/ S* b k0 JCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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