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Average home price tops $300K in major markets
& [* v3 A) H( z1 w- x" e j3 W8 YLast Updated Wed, 14 Jun 2006 14:05:59 EDT 1 Z6 V4 o; h0 o% p% @
CBC News </news/credit.html>
8 D0 s Z! R& N% f5 T sThe average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.! P. G" N! T8 _$ e& D# Z' X% E
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: I- ~. a- q+ ^ \! X; |. sHome sales are rising faster than new listings
6 c4 I) {" c: @+ W F1 {Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005., B p5 W- I4 N5 n0 h1 e
( {* G$ v" z4 aIt was the biggest yearly increase recorded in two years. ! c3 z. q. j2 m, P! P1 _! I* X
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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Red-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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9 Z6 v7 ?' a2 X3 r3 A"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement./ N" n% C0 p7 I( a# l5 u+ g
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
5 {) G( B: y: l" P) s5 SOverall, sales in the country's major markets rose 4.4 per cent to a record 37,460 units in May. On a year-to-date basis, sales activity broke records in 12 cities across the country.
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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! a) q/ b$ m0 BCalgary: $358,214 (+43.6%)
+ p8 O% Y e$ r, d1 G0 X+ m) g. ?Edmonton: $242,936 (+22.9%)
! ]. ~* p" O+ O# vHalifax-Dartmouth: $210,225 (+7.6%)
5 a/ u, z! m: c3 lMontreal: $219,433 (+8.2%) # J" S6 D/ \0 Y( f
Ottawa: $260,219 (+4.7%) ) M% K/ `% N; ^4 w, V
Quebec City: $150,324 (+6.9%)
7 R3 U4 f8 U/ J5 jRegina: $142,147 (+10.3%)
$ w9 I+ q, S" G, xSaint John, N.B.: $129,844 (+12.3%) ( j4 f% I4 G6 M: L8 |* P
Saskatoon: $162,279 (+11.5%)
) l, K, M8 i f4 c/ JNfld. & Lab.: $133,541 (-1.2%)
8 d) N3 q1 g7 Z7 O0 dThunder Bay, Ont.: $118,804 (-9.0%)
1 q& \/ u+ T% t$ G' HToronto: $365,537 (+5.5%) 8 W; N' D1 g" }$ W
Vancouver: $518,176 (+23.7%)
Z$ J l3 L3 _/ B' M) X/ R; K7 kWinnipeg: $159,801 (+12.5%) - h, h9 Y5 G/ h, x- i V
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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