Calgary housing prices mark milestone

屯民

Last updated Apr 12 2006 12:28 PM MDT
CBC News
7 _' s6 `6 ?2 {5 cThe cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.

0 g# R+ P1 B& D; s( h4 _The president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.

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.
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Vancouver is the still the hottest market at nearly $500,000 for a single-family home.
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Clark says there's one reason Calgary's market has shot up so quickly.

7 p3 M2 r  R1 l9 G$ ^"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.
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$ M+ ~. g- a9 f9 t, _4 H"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."

; x  F& C7 l# iRealtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.
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- g7 \, A0 ^$ l8 e, u( |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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+ `$ [, G7 x: @+ S8 G注意是苦笑噢。