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Average home price tops $300K in major markets , I2 P* R: j/ n5 P$ ?) Z
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
- O. i/ `. e; A4 j/ tCBC News </news/credit.html> 6 _) O" x. |, K4 B$ k& `( o n
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.6 z& j L1 d' x1 i6 N9 e
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' H l9 b& P! w9 \Home sales are rising faster than new listings
8 D5 Y0 c" A4 |. F yMultiple 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.
/ e/ V X, K" x- {; h; q; H. }The 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 $358,214.
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& H* e: y+ z) W- a5 |"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.
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7 b, ] m& W8 ]. d, d3 G6 k"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
; g2 `+ e; e8 a* ~0 T) `2 ^( Y) U0 yOverall, sales in the country's major markets rose 4.4 per cent to a record 37,460 units in May. On a year-to-date basis, sales activity broke records in 12 cities across the country.
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( }0 R0 Y( U( j: f2 ?Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets): & E$ |* }3 U6 _7 B
, _8 m7 @8 d! w8 k/ zCalgary: $358,214 (+43.6%)
5 I2 a! e {- L6 _/ q& ]9 g* A9 MEdmonton: $242,936 (+22.9%) 6 |! W8 J, w- Q7 i
Halifax-Dartmouth: $210,225 (+7.6%) $ j, Z/ x( k( C# r0 }0 S! Z
Montreal: $219,433 (+8.2%)
! q% ^1 O) E/ @/ S% O5 p% J: MOttawa: $260,219 (+4.7%)
! d# L/ X9 E. M. o% EQuebec City: $150,324 (+6.9%) ; T6 ^5 {8 K/ M
Regina: $142,147 (+10.3%) - \) ^& l0 w$ g q( l
Saint John, N.B.: $129,844 (+12.3%) 6 }. V4 g5 W. Y8 y1 l% b
Saskatoon: $162,279 (+11.5%)
, y! p- m8 C! T: @# k4 J, R/ h3 V+ ]Nfld. & Lab.: $133,541 (-1.2%) / _; Z7 l: C' S _
Thunder Bay, Ont.: $118,804 (-9.0%) 5 v; s' U; L0 s, D' ]! c9 Z
Toronto: $365,537 (+5.5%) " R; Y8 D% y) C' P2 x
Vancouver: $518,176 (+23.7%)
" f/ m. K; Q$ |% {& P6 rWinnipeg: $159,801 (+12.5%) , ] Z6 P- E0 Z r/ N4 R; z* ^
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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