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Average home price tops $300K in major markets 8 T3 k8 r0 D- y: ]
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
. l4 Q" U" Q: J7 qCBC News </news/credit.html>
0 G. f7 o& r% w! O3 ?5 HThe average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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" x* w% O; I$ v Q, j; a# `. ]Home sales are rising faster than new listings : s) ~% e' J3 l$ n! Y3 L4 n9 M I: _5 S
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.) H2 ^+ i% M0 m, I
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It was the biggest yearly increase recorded in two years.
; E6 [9 F( w6 c3 S$ ] f$ jThe 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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u% M1 T" `. T( R8 r0 XRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.+ l; c: d8 J+ |5 B, M
# x( u$ B' M9 p; M* D2 W' ]. C"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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% h* n9 M9 O3 D2 F, {+ y R4 G"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." % g% A ]+ H) m7 M, 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.
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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%) & t/ I. D5 d A7 `1 \1 c+ B
Edmonton: $242,936 (+22.9%) 5 j& t) H$ I7 T% T+ B; D
Halifax-Dartmouth: $210,225 (+7.6%) : V* W7 q0 i9 P+ g" G
Montreal: $219,433 (+8.2%) 7 M0 V3 ~: o' G# T
Ottawa: $260,219 (+4.7%)
) {/ |. G( d% K0 T3 y1 q5 AQuebec City: $150,324 (+6.9%) , Z. a. e% J' V7 m$ m/ y! n/ v
Regina: $142,147 (+10.3%) % ^$ L' c- @) ^5 t5 H+ C/ m) ?
Saint John, N.B.: $129,844 (+12.3%) ! g: P1 Y+ D+ W9 Z. W
Saskatoon: $162,279 (+11.5%)
% b* ^1 ^8 P, T9 C- _Nfld. & Lab.: $133,541 (-1.2%) , p W% }0 r6 ~- L4 G2 {, w9 h3 c
Thunder Bay, Ont.: $118,804 (-9.0%)
1 `) R6 o3 u& t) e/ O8 d2 AToronto: $365,537 (+5.5%) ^- u! u F+ c( }. d
Vancouver: $518,176 (+23.7%)
' e5 M; @# z5 |1 JWinnipeg: $159,801 (+12.5%) : d# K! B5 }! t' L
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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