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Average home price tops $300K in major markets
- J* K3 D1 F% U0 C* U0 v) WLast Updated Wed, 14 Jun 2006 14:05:59 EDT 7 ?2 y% y: x7 e o0 _+ v4 q1 F n
CBC News </news/credit.html> ! S+ a5 J$ }# y" r o+ l
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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8 y- t% b$ \2 mHome sales are rising faster than new listings
# E' Q8 |/ k! RMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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$ o5 O% B4 e1 n* D, w2 wIt was the biggest yearly increase recorded in two years.
; d+ x$ o: y O! _% u: fThe 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.* S+ }7 z) H5 v t
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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 $358,214.8 O$ a. ^) T3 h* _) R! F& c
% m* ]9 z/ K' b0 N$ h"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." / c5 e W% E& r( e
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.) k% D$ u. q Q Q/ Y/ N, e
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets): g @5 R- J% d9 ^# R4 Q
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Calgary: $358,214 (+43.6%)
, m5 V( j7 h+ B3 ?3 m6 u- d" L0 PEdmonton: $242,936 (+22.9%) % l% r0 H. D+ u2 z; K( r7 K
Halifax-Dartmouth: $210,225 (+7.6%)
' j" h5 h1 Y7 M) ?# X- OMontreal: $219,433 (+8.2%)
$ u) R6 q' ~8 c$ X3 EOttawa: $260,219 (+4.7%) # @6 k( T! E8 O3 \) |: T
Quebec City: $150,324 (+6.9%) $ `9 e, @ @) o3 Y
Regina: $142,147 (+10.3%) 0 j. j' Z; x& B3 @5 z; Z0 K
Saint John, N.B.: $129,844 (+12.3%)
4 z$ Q8 [' M6 ?Saskatoon: $162,279 (+11.5%) 0 M( ^+ Q/ O8 n2 n8 u. y: h
Nfld. & Lab.: $133,541 (-1.2%)
" _$ E% E) K( h8 p( u% G: ]7 b0 I* nThunder Bay, Ont.: $118,804 (-9.0%)
+ c( O& m2 \) p9 I. G1 t, RToronto: $365,537 (+5.5%) 1 z5 s0 i; W7 ^: ?, M7 Y# w
Vancouver: $518,176 (+23.7%)
* i) @; K) _+ s3 {Winnipeg: $159,801 (+12.5%)
$ d- v! v) N6 t7 P0 R, `Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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