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Average home price tops $300K in major markets
# P7 ]$ Q$ v9 i8 x3 y/ cLast Updated Wed, 14 Jun 2006 14:05:59 EDT % w' j L8 W% l3 D
CBC News </news/credit.html> & n" g& N) t3 c, ]$ ~: f: j' Z) o
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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Home sales are rising faster than new listings
n( n& P! k. F8 U, tMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.7 Z! e( ^0 @* ~$ L
* }# F9 e' B2 U9 V# kIt was the biggest yearly increase recorded in two years.
8 D% P* t$ \ G3 k; C9 w3 MThe Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.
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! u0 H, K$ f' x {# G8 G* qRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.# P7 P2 q! ?; i7 `5 a; D% F
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.+ @& D8 b: \1 `3 D! a3 t: k
1 u6 Z# ]6 Y2 Y! }"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
4 @- u/ N6 d) r/ P" P% k! EOverall, sales in the country's major markets rose 4.4 per cent to a record 37,460 units in May. On a year-to-date basis, sales activity broke records in 12 cities across the country.6 G# w- Q5 ^& G5 s
9 }# m7 {$ z, X) t, sHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): & ~/ P7 ~0 N; g# A
2 z, e3 C+ N; p9 i; j: Q. ACalgary: $358,214 (+43.6%)
6 O& y4 u2 O9 x4 jEdmonton: $242,936 (+22.9%)
$ v8 ?+ p3 F+ s, |3 m* S9 @Halifax-Dartmouth: $210,225 (+7.6%)
# e0 C/ @+ L kMontreal: $219,433 (+8.2%)
2 k9 ], Q& h$ R, fOttawa: $260,219 (+4.7%) , e4 t! q& `7 y; z k2 d& V/ N
Quebec City: $150,324 (+6.9%) 8 j1 e+ p" A6 a- |
Regina: $142,147 (+10.3%)
0 E6 U$ g2 }# _! m" iSaint John, N.B.: $129,844 (+12.3%) 9 b; @& {6 u% |, H& k5 K
Saskatoon: $162,279 (+11.5%)
# b8 U/ t. w7 b- h$ X6 ~Nfld. & Lab.: $133,541 (-1.2%) ) A( v( O, d4 s1 A) h, T5 ?3 V5 S
Thunder Bay, Ont.: $118,804 (-9.0%) 7 x6 m8 h) C; H4 S D
Toronto: $365,537 (+5.5%) ' }; S5 v3 J4 L* M' v
Vancouver: $518,176 (+23.7%)
: u& s& x2 f+ j% _Winnipeg: $159,801 (+12.5%) ! Q6 W* V0 o0 @1 u6 i
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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