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Average home price tops $300K in major markets
. J- e/ ~( |5 j& LLast Updated Wed, 14 Jun 2006 14:05:59 EDT ! q1 n3 i; W9 G; A+ x
CBC News </news/credit.html> ( E) w! }& r, x: I
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.3 v1 Q, @* ^3 o1 {
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$ u2 C& p3 J& q2 z& p3 A3 r( wHome sales are rising faster than new listings " [5 O/ P# N4 t$ V/ t; N4 q" ]3 k
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.5 r* @: M6 ?( O9 s
" G$ h8 ]3 W& o9 u6 O3 hIt was the biggest yearly increase recorded in two years.
6 o0 |3 B, a+ \2 b7 ~7 f& {( w% SThe 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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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.
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5 S( |6 W: ]2 P. X' Q"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."
* S4 [2 H- F9 e' ]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.
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets): & i% ^' K b& y0 m" O& q2 D) ^
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Calgary: $358,214 (+43.6%)
" z( P/ l8 S! ]6 @% v2 u6 hEdmonton: $242,936 (+22.9%)
6 @! L, J- e4 l g. c6 G9 tHalifax-Dartmouth: $210,225 (+7.6%)
' q3 v: {+ V' I3 [: ^Montreal: $219,433 (+8.2%) * N# B+ S/ v% q& g9 V% N- c, W& ~
Ottawa: $260,219 (+4.7%) : b2 j& D5 x7 _
Quebec City: $150,324 (+6.9%)
8 V. u, y8 L$ n( r- P: ]" vRegina: $142,147 (+10.3%)
9 F% Z- U `3 g8 Y/ E6 v5 o+ sSaint John, N.B.: $129,844 (+12.3%)
& O J& m- A/ C) SSaskatoon: $162,279 (+11.5%) 9 r N# Q6 Z# H; x
Nfld. & Lab.: $133,541 (-1.2%) $ X+ p4 d1 t0 }' s
Thunder Bay, Ont.: $118,804 (-9.0%) 5 d8 ^# n* L0 E! F0 N
Toronto: $365,537 (+5.5%)
9 O' E5 C1 {0 H+ {Vancouver: $518,176 (+23.7%) # E2 P$ U- D& e [& R. V. U: [$ |
Winnipeg: $159,801 (+12.5%) 0 C% p j0 D1 L: F( i
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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