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Average home price tops $300K in major markets 7 C- y8 h7 R# b2 S5 S' L; A
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
2 \2 Z1 \( }. n+ @CBC News </news/credit.html>
. W) z, Z+ u% I R6 h' P7 ]: y+ oThe 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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* e! O( a' [' z- fHome sales are rising faster than new listings 9 h" m9 b) u' d! V0 s2 a8 n* Y
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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6 [3 m4 n t* E3 Z0 h$ D, T- ^( q. MIt was the biggest yearly increase recorded in two years.
$ y0 ?, f5 S6 gThe 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." J* B% g1 R. W- V# S
' y g# F: v: uRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.8 j/ X* O4 H" n, G$ h
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
, o/ t4 a. T" W1 B9 } YOverall, 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.& n' y' Y% C& M( S
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets): ( `% V: F! u( L( P& J8 \
' Y. F4 G& T- N5 C: s/ dCalgary: $358,214 (+43.6%) $ m1 _* f, ]: x5 H1 z
Edmonton: $242,936 (+22.9%)
- i3 `6 {% P% R4 p- W. ^7 I! Y$ {) THalifax-Dartmouth: $210,225 (+7.6%)
6 ^4 B9 ^, W# O# YMontreal: $219,433 (+8.2%)
% s5 D7 K, L5 t% P3 DOttawa: $260,219 (+4.7%) / `& o( Y; x; y) X" q
Quebec City: $150,324 (+6.9%)
0 G: A( [ E* sRegina: $142,147 (+10.3%)
3 R$ F, N& ]6 Z. ]" x, ?Saint John, N.B.: $129,844 (+12.3%)
( M3 c1 x! Q/ W( Y: G& xSaskatoon: $162,279 (+11.5%)
8 Y5 } H6 E! r9 t, F, d% o \Nfld. & Lab.: $133,541 (-1.2%)
4 u6 S5 |) v6 @7 r+ I ^; P6 H& fThunder Bay, Ont.: $118,804 (-9.0%) ; D: P+ a+ F/ m& u
Toronto: $365,537 (+5.5%) 1 A( \: ?8 G3 {/ z y$ X
Vancouver: $518,176 (+23.7%)
4 r; m! b. |9 A( ]5 R+ r" R0 W3 IWinnipeg: $159,801 (+12.5%)
: I, Y5 u* n3 r; ^2 @4 ZCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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