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Average home price tops $300K in major markets
0 t8 i9 D" E: X$ J2 H9 ILast Updated Wed, 14 Jun 2006 14:05:59 EDT + I% {+ r& L/ t2 C2 m
CBC News </news/credit.html> ! F$ w+ I' n7 Y2 L: a
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.% A: N0 B1 {' z z* |) W
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7 k& m9 @/ {# f2 x/ K- i5 mHome sales are rising faster than new listings # z, B0 K1 q9 S. C+ }4 G
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.& i+ S" r% e) E, V- ?/ j0 X* ~
7 J: K6 B% h+ tIt was the biggest yearly increase recorded in two years.
) I) }" T0 Y9 b% x1 ]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.) c1 H) ~- W W& ~! {2 Y- ~( w- w
2 S9 S7 K/ ^1 e. S9 Q- lRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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4 D3 f0 Y: l. [6 H/ K+ P7 X; ?"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.* v) U. o9 L9 V+ W% T2 v
* U4 L! S: J' |2 t% U5 b"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." * C1 \8 O- ~% _0 w/ K5 n$ K
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):
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% B, g4 o1 R% C3 h' a& e2 [% MCalgary: $358,214 (+43.6%) ! r' J- x& D, b2 L2 A5 a- p
Edmonton: $242,936 (+22.9%) ]* O3 o2 k X; X1 E6 s b
Halifax-Dartmouth: $210,225 (+7.6%) - m% Z* x0 L" s# o/ n
Montreal: $219,433 (+8.2%)
3 H# ?) z9 R" S: [, \7 ]! `8 j, hOttawa: $260,219 (+4.7%)
# k1 u+ m- v# u. v5 w E( RQuebec City: $150,324 (+6.9%) . n% N4 w7 B, }. A2 F
Regina: $142,147 (+10.3%) ; F; ^# n: W# r
Saint John, N.B.: $129,844 (+12.3%)
2 Q: g7 _4 ~, i% b& F5 e* D3 USaskatoon: $162,279 (+11.5%) $ G" X- B5 s7 _; T7 l
Nfld. & Lab.: $133,541 (-1.2%) : W/ t' \& G+ N# ?; t" L# j
Thunder Bay, Ont.: $118,804 (-9.0%) 7 h4 s ]9 @6 X
Toronto: $365,537 (+5.5%) % E- p0 `& O/ T- i" D: O2 M
Vancouver: $518,176 (+23.7%)
1 M3 P9 G4 ?- k* q! pWinnipeg: $159,801 (+12.5%) 9 ?0 w) J+ U9 V. m; n# E
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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