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Average home price tops $300K in major markets $ s2 O+ `2 \' p! j* X
Last Updated Wed, 14 Jun 2006 14:05:59 EDT ; s. Q( }4 i* f9 Z7 g& `
CBC News </news/credit.html>
" B: ]3 x! L4 N& F2 m" [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
7 v: Y4 K( K0 [3 s7 @Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.. ~* @) v9 `9 b& t" ~0 P) [
/ Q; d z2 e: d+ F/ ~# N- [/ qIt was the biggest yearly increase recorded in two years.
& ~0 K9 c: S y9 ]& t8 ~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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2 }9 h* u4 p, S) ^4 e! `Red-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.6 M7 N, B6 m' Z! G0 V
6 \! ?# Z( x$ T+ z g) n"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." 3 f8 \ p. |0 n, x) J
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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Calgary: $358,214 (+43.6%)
9 [8 z% h; d% S, cEdmonton: $242,936 (+22.9%)
9 R: K. O {( f1 y) WHalifax-Dartmouth: $210,225 (+7.6%)
; s( t: A0 n0 LMontreal: $219,433 (+8.2%)
$ k; W% k% N( L% k4 cOttawa: $260,219 (+4.7%) D L, Q# q2 E3 a' V% n/ k
Quebec City: $150,324 (+6.9%)
# J( A; X2 w3 B( q8 C: P' MRegina: $142,147 (+10.3%) , k& Y' r4 G9 |1 o3 L, \- ~3 X) @
Saint John, N.B.: $129,844 (+12.3%) 4 i- k. \7 L n T6 w
Saskatoon: $162,279 (+11.5%) - j' P) x. m1 I% R0 T, k# k9 S
Nfld. & Lab.: $133,541 (-1.2%) 8 j/ {1 _3 E% ?6 ~2 Q3 Q; S
Thunder Bay, Ont.: $118,804 (-9.0%) ' Y& v+ l0 y8 E" d. [* U
Toronto: $365,537 (+5.5%)
3 T h. ~$ }3 N" T0 f; KVancouver: $518,176 (+23.7%)
: u6 a& [9 w0 Y/ r# N6 t8 NWinnipeg: $159,801 (+12.5%)
. c) q6 }5 T q7 MCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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