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Average home price tops $300K in major markets 8 ~ h; I& Y$ O) E
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
7 g8 a0 K, b1 i& o2 bCBC News </news/credit.html>
# f- H# p# t0 y+ \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 ! [& j* z, x4 v! v
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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1 V/ G' u5 j6 c+ x4 q% m. I$ M0 l0 T1 F9 rIt was the biggest yearly increase recorded in two years.
6 k# y# d6 @" q8 n0 CThe 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. q1 f1 W6 t! ?2 l( ^. \- z
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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 $358,214.
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?4 X0 n7 l. a. Y3 E, n$ @+ b+ a"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.+ I) a& ^2 n# o' Q# d" \2 V8 q
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
5 K$ E5 a! [, AOverall, 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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* v9 ~' c. D2 R7 W% `4 w, k) [Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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6 O4 A6 z0 B6 r) R* KCalgary: $358,214 (+43.6%) * e% G" |, \0 V. q7 S4 S- m
Edmonton: $242,936 (+22.9%) ' {% }! d. B% T: S, L
Halifax-Dartmouth: $210,225 (+7.6%)
- g2 l* q3 u+ d0 P" X& a% yMontreal: $219,433 (+8.2%)
5 k; W8 h: @' J6 `Ottawa: $260,219 (+4.7%)
7 Y3 c9 V" L! \2 a% @1 a1 BQuebec City: $150,324 (+6.9%)
2 |7 u. |$ [% ?+ h, m+ p3 Y" LRegina: $142,147 (+10.3%) . @$ ` m( L3 T' H
Saint John, N.B.: $129,844 (+12.3%) 3 G, T: I- J+ ~+ p
Saskatoon: $162,279 (+11.5%)
1 _' g+ ?& P( K K. ?9 y+ U( jNfld. & Lab.: $133,541 (-1.2%) 0 n! ^9 m% W$ ~
Thunder Bay, Ont.: $118,804 (-9.0%)
$ O* g$ P& C0 ?( o6 ]& U/ VToronto: $365,537 (+5.5%)
2 y W: j" f. u* N& P" HVancouver: $518,176 (+23.7%) 6 w' Z0 ?* T+ z: x
Winnipeg: $159,801 (+12.5%) 8 y. B+ [: t% _& W3 u
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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