Calgary housing prices mark milestone

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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.

+ ^0 d% t8 W+ }7 O# k; S/ iThe president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.
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The 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.

* u$ s( f! R' S  m& J; M2 z' cVancouver is the still the hottest market at nearly $500,000 for a single-family home.
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! i% @! P" q# r; bClark says there's one reason Calgary's market has shot up so quickly.
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. q1 F  P2 ]5 D( r  }4 I5 h) W"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.

"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."
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& ?+ O: k% b, ~6 iRealtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.
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Georgiana 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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' A; r" C/ g4 v5 ^1 ?注意是苦笑噢。