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Average home price tops $300K in major markets $ b. r0 o1 M; p
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
9 p4 C* }$ @5 l J, cCBC News </news/credit.html> # y# `* Y9 Z3 V! q4 ^
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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Home sales are rising faster than new listings
~9 _9 M& {* XMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.. ]8 ^1 [: H7 }. W* p j
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It was the biggest yearly increase recorded in two years.
1 ^2 W* B' |0 z0 t4 _* RThe Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.
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% g8 W3 d- {$ L5 e" _8 J# zRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.9 E- c+ }* V% z" ?, R: @3 J! e0 r; _
! Z4 J. |, u* k. x/ C" c"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." q, V) U! m5 Y* r. y
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
) F& z5 ]' f: t' rOverall, 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.
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O" n9 X( C3 |8 {Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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5 r4 Q- ?% u. J- wCalgary: $358,214 (+43.6%) # ~5 Z5 s u7 [/ P
Edmonton: $242,936 (+22.9%) ; B' x/ B, J/ v/ I& w% U: R9 ~
Halifax-Dartmouth: $210,225 (+7.6%) 1 h8 G8 ? Q& v0 D/ l: P
Montreal: $219,433 (+8.2%) 1 [! D6 G* Y, h
Ottawa: $260,219 (+4.7%)
6 c' x4 |- Z* n7 Y" q0 a; R. X% zQuebec City: $150,324 (+6.9%) 5 c O1 K8 g# ~( W7 K& N6 A% J
Regina: $142,147 (+10.3%) ~: o6 A9 E8 `/ E0 o2 r
Saint John, N.B.: $129,844 (+12.3%)
% o. _* n4 M, G8 DSaskatoon: $162,279 (+11.5%)
1 Z, ]) }. E3 o$ y3 t/ }7 cNfld. & Lab.: $133,541 (-1.2%)
0 [- _( i" A" W2 WThunder Bay, Ont.: $118,804 (-9.0%)
. i4 V3 m% z( U3 D9 GToronto: $365,537 (+5.5%) % s. J$ n, f k8 g8 ?
Vancouver: $518,176 (+23.7%) - Z; g% a* z1 u1 \
Winnipeg: $159,801 (+12.5%)
# h; ?) w% S; f/ s, U0 Y8 HCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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