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Average home price tops $300K in major markets , f1 ]! d8 C8 M6 x+ g8 z
Last Updated Wed, 14 Jun 2006 14:05:59 EDT % C) G V9 u* `& F# X7 B
CBC News </news/credit.html> 6 Z2 b# {# r$ C6 \
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.& I) X5 R/ a5 h. D @9 H. O4 ?# \8 o
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Home sales are rising faster than new listings * _- s* I. _1 Q
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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It was the biggest yearly increase recorded in two years. % A2 h1 r5 G |8 G2 [; Q
The Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.: T$ t: R; u# ?
- L. ~5 c5 o' o5 z3 x3 CRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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' b0 l, x& x- n+ i V# W"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
0 d( k- W! \0 TOverall, sales in the country's major markets rose 4.4 per cent to a record 37,460 units in May. On a year-to-date basis, sales activity broke records in 12 cities across the country.6 k$ `) J$ f( ?( n& I" T, ^
: B% F( D. C0 A, O% t( K$ qHere 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%) " t# Q, }3 [& p# o: [+ W
Edmonton: $242,936 (+22.9%) 6 j. o4 ~! p9 h0 V6 A
Halifax-Dartmouth: $210,225 (+7.6%)
3 A# b, }% q" `5 p+ ] y, F) yMontreal: $219,433 (+8.2%) # D8 L2 K# j/ T4 R
Ottawa: $260,219 (+4.7%) 3 m, p8 K4 X; l( D2 R; O. W
Quebec City: $150,324 (+6.9%) . f. p0 P2 f& U' s" x
Regina: $142,147 (+10.3%)
8 q. M# d5 W2 U: x" V6 qSaint John, N.B.: $129,844 (+12.3%) 1 W2 x6 s0 \4 Q2 b9 Q
Saskatoon: $162,279 (+11.5%)
3 [/ e5 u$ h( r3 rNfld. & Lab.: $133,541 (-1.2%) - K. x+ ^6 H; R! H+ L
Thunder Bay, Ont.: $118,804 (-9.0%)
" c) Z* ]1 q8 e; \: F3 EToronto: $365,537 (+5.5%)
6 |9 v, ]) f: y& U3 p/ ?$ iVancouver: $518,176 (+23.7%) . \/ d# J4 y5 p: I: _
Winnipeg: $159,801 (+12.5%) 8 _1 b4 A/ l$ P4 [1 q z/ ?0 X
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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