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Average home price tops $300K in major markets 4 A$ _" L7 l3 R" S- E$ }) I
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
3 G* o8 K+ ` b' V( N- L/ D' N" Q# ]CBC News </news/credit.html>
1 y' \ j! _2 r, G( FThe 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 h# C9 C" r" SHome sales are rising faster than new listings 2 W+ P, d9 C& W- v z9 \7 i
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.3 X- H: F, p0 V% ?
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It was the biggest yearly increase recorded in two years.
! l2 V0 X( t( {7 {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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+ I# C0 M% D2 i2 G* pRed-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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" R' N6 C ~4 H7 p" Z. S; _3 z"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.0 J d1 j; B; O8 T: W
! m A9 [/ W/ A2 q9 x"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." # q0 w8 ~8 S2 A' N( B
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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9 H" T9 A- T0 {1 OCalgary: $358,214 (+43.6%) " X: ]5 R( j* X" ~, Q6 _7 a/ z x
Edmonton: $242,936 (+22.9%) + _" J8 X+ L* L3 Q, P
Halifax-Dartmouth: $210,225 (+7.6%)
( f, k1 a# ^ D" n( s: c( I5 eMontreal: $219,433 (+8.2%)
" `" I: r2 B) m q" l3 fOttawa: $260,219 (+4.7%)
; u; T7 q8 L5 t8 Z9 pQuebec City: $150,324 (+6.9%)
: P! e1 M0 r( t$ H/ ~% P/ d. m6 vRegina: $142,147 (+10.3%) ; J: i' A6 v# e6 ~# t* h
Saint John, N.B.: $129,844 (+12.3%) 2 N2 a- L+ [* R8 d
Saskatoon: $162,279 (+11.5%)
1 g' t0 O/ Z* h2 ]! r6 p; iNfld. & Lab.: $133,541 (-1.2%)
- K. |; ?/ i( j! |Thunder Bay, Ont.: $118,804 (-9.0%)
( \! ?8 h) w/ G8 p* p4 c+ fToronto: $365,537 (+5.5%)
! ^. ]& T/ ?. [1 K# BVancouver: $518,176 (+23.7%)
( s! X! f* P. c! N7 V5 wWinnipeg: $159,801 (+12.5%) ) x6 i- u, }$ r
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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