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Average home price tops $300K in major markets
# [6 Y# [ n: d! B, }Last Updated Wed, 14 Jun 2006 14:05:59 EDT
: ~# @2 l: w: }# R- m" S F, t; A, wCBC News </news/credit.html> 6 i& g) R$ |; r
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 + Q, s; d ~# a; U+ m, N
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005./ [5 H0 n* q: c( ~$ G
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It was the biggest yearly increase recorded in two years.
6 _, y7 d3 h: D3 iThe Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.$ O0 R; }# ]" K$ v9 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 $358,214.
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.
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$ G* H: ~$ w: Y5 E# H1 Z) x"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
8 z; x8 y1 ^) `; R+ c/ a8 D% N5 vOverall, 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." |) l X2 U/ T! z M; c O* K
1 @7 b# _9 R3 ]6 s: JHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): ) O8 ~# J }9 D/ i4 Y* I
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Calgary: $358,214 (+43.6%) # w. r, U% C, ~
Edmonton: $242,936 (+22.9%)
5 _: x8 v0 E4 N9 p4 _( NHalifax-Dartmouth: $210,225 (+7.6%)
0 I# z# ~7 F% j2 }Montreal: $219,433 (+8.2%) 8 F* ]' D4 V9 R: q. }3 r
Ottawa: $260,219 (+4.7%) ' A9 _' m$ n( J# q0 e
Quebec City: $150,324 (+6.9%) % ?5 k. }. J" p$ p4 f
Regina: $142,147 (+10.3%) * O' Y6 ?( p9 s7 f; e( z: g$ e' @0 T
Saint John, N.B.: $129,844 (+12.3%) * ~1 M$ \ k Y" q4 P
Saskatoon: $162,279 (+11.5%) # N$ p# F7 [! [. F9 Q5 P
Nfld. & Lab.: $133,541 (-1.2%) 9 Y/ V- G4 i* D' u
Thunder Bay, Ont.: $118,804 (-9.0%) 8 ]$ d, t% B6 n# z
Toronto: $365,537 (+5.5%) . ^2 }/ u! t5 m, G7 A
Vancouver: $518,176 (+23.7%)
) ]( M* E% Q4 S: ~9 wWinnipeg: $159,801 (+12.5%) " h0 ` f2 G4 c! V6 C
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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