Calgary housing prices mark milestone

屯民

Last updated Apr 12 2006 12:28 PM MDT
CBC 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.

6 ^, n9 s  e4 ^( U2 O3 tThe president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.

; C; }% J" q, R- k/ uThe 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.

Vancouver 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.

# I6 {' n0 v; C! Z" R"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.

% L3 ?. m, G2 w  }( V0 ?: P"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."

! R- @+ w* V  L1 \) D/ p3 U- t/ [/ vRealtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.

: ?& t1 L. n; ^( s4 X0 |$ l. ZGeorgiana 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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4 ]) e, n$ v8 I. ?/ |# m* U注意是苦笑噢。