Calgary housing prices mark milestone

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Last updated Apr 12 2006 12:28 PM MDT
: T4 h8 i8 V3 |8 J/ ~# ICBC News
The cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.
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! ~0 h8 C6 s2 s% @# \' cThe president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.
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' S7 H9 E/ ^# d3 d' l1 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.
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5 |( v3 j1 j1 W8 e! }- w1 T# hVancouver 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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& R& k6 s+ x0 R! U5 \"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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! H) q5 n9 Y/ ^4 [8 S+ M"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."

& H8 G4 a3 l- R& T2 Q0 DRealtors 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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  J/ i+ J. S) X! ?' oGeorgiana 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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8 e: u, Y/ |: `/ J$ c5 Q/ N; t: m注意是苦笑噢。