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Average home price tops $300K in major markets
" g0 } f% `5 y' i1 P2 d; cLast Updated Wed, 14 Jun 2006 14:05:59 EDT
2 Y3 Z6 V4 _% PCBC News </news/credit.html> / z2 h- L# ^' I7 V! d
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.
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! L0 u6 V6 g/ @! B, k) |( Z3 }Home sales are rising faster than new listings ( E: W3 A! x. L: O" Q8 n
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.
6 R" U8 d7 L- `( @: dThe 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.+ N' z# g; _. A5 ~
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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.* l% r+ {% J9 p& d+ H, S
1 R8 H* y3 N' c0 h! G, C' G"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.5 F0 y9 T3 U/ l, F/ a
2 J/ Z8 v( q% `: y5 V) b( m"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." * d8 c2 u* r t% P/ n
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.- h6 Y8 Q) S& D4 D3 ]: H
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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%)
4 K/ p+ N# z5 m( I) |Edmonton: $242,936 (+22.9%)
% ~& O% G. ^$ e, o0 q6 |& BHalifax-Dartmouth: $210,225 (+7.6%)
+ T& Q) @! L1 H$ [8 qMontreal: $219,433 (+8.2%) - J) p0 g! x3 S) W- k& J6 K
Ottawa: $260,219 (+4.7%)
- w# _8 z3 e6 E2 V/ G9 ]' jQuebec City: $150,324 (+6.9%) , r ?& g1 M! M: h; q1 J# w7 p
Regina: $142,147 (+10.3%)
3 x+ }" _: O( B0 @& c) p; O6 fSaint John, N.B.: $129,844 (+12.3%) & Z: V a1 x8 H9 U
Saskatoon: $162,279 (+11.5%)
' D8 h+ O) h6 c; P1 DNfld. & Lab.: $133,541 (-1.2%)
0 Z. K( P: M6 R! v+ C) s- sThunder Bay, Ont.: $118,804 (-9.0%)
! L# ~; a. D& CToronto: $365,537 (+5.5%) ) L) C% e9 d' `7 M# J' C
Vancouver: $518,176 (+23.7%) # d3 u& v3 c. O2 U! K( ]7 w6 |7 ~
Winnipeg: $159,801 (+12.5%)
6 q2 L u: m6 V zCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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