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Average home price tops $300K in major markets 5 n+ P+ _( N# Q) ?0 \. [" k
Last Updated Wed, 14 Jun 2006 14:05:59 EDT * U% m g/ J0 M- b: s
CBC News </news/credit.html>
3 ]2 u8 Q- k! E5 \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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4 j9 X* X# S* G0 LHome sales are rising faster than new listings + c/ \# h% w9 w5 t: E
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.1 ?. t: K/ k$ I8 Y9 a- {+ c' a6 W
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It was the biggest yearly increase recorded in two years. % f8 N) m- Z: Z9 X, c
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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" r; C' J& O" c) IRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.( f$ Z) {5 U; u t7 r
% K* d9 g& ?5 b0 W% W$ f+ B"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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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
/ v1 g1 p& m, ]! x) LOverall, 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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' L: v' S# K. M) y4 A6 RCalgary: $358,214 (+43.6%)
e& d0 k1 s; oEdmonton: $242,936 (+22.9%)
0 {$ c7 }' L+ X; E/ aHalifax-Dartmouth: $210,225 (+7.6%) ; p: f4 p( ~- ]0 W2 G
Montreal: $219,433 (+8.2%) + q$ ~5 B1 c! b
Ottawa: $260,219 (+4.7%) 0 x9 F# s+ X2 E5 y' J+ v \4 O
Quebec City: $150,324 (+6.9%) ( R- A8 q# Z7 P$ I7 ^
Regina: $142,147 (+10.3%)
7 R9 k2 o6 F: I7 w. z' w9 @Saint John, N.B.: $129,844 (+12.3%)
; W0 g0 y9 s( N0 S5 g2 c" xSaskatoon: $162,279 (+11.5%)
9 q8 E: B" B2 e6 @7 C2 l5 v; K/ j8 ]9 H: ~Nfld. & Lab.: $133,541 (-1.2%) 8 B- l5 {" ]8 D$ }, T
Thunder Bay, Ont.: $118,804 (-9.0%) , ~4 Q8 V- k+ F+ S" A; c, `) ?
Toronto: $365,537 (+5.5%)
8 m$ f j( S% PVancouver: $518,176 (+23.7%) 0 T6 {7 b* O4 w% x
Winnipeg: $159,801 (+12.5%) g0 k( b) i( l* h
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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