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Average home price tops $300K in major markets $ d z3 K" z+ F+ ]' ?% p
Last Updated Wed, 14 Jun 2006 14:05:59 EDT 2 d ]. P9 n2 `7 z/ j. d- }
CBC News </news/credit.html>
% E: e+ O, z$ O/ u2 Y* O# t! r/ ^& }The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.8 f. Y0 J! S( I5 a1 [9 j* w
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/ h$ T9 t4 G7 ~% {/ t, P: gHome sales are rising faster than new listings 3 g8 O' W: d( y" E j1 x4 U
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.1 a$ M. J4 o [2 W
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It was the biggest yearly increase recorded in two years. # d' P) A/ V# s3 W4 C) x
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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Red-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.( _- H4 l! b& X" O b$ s# l& V
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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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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
6 B/ R# V9 ]8 u1 j- C }. [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.9 U: k' Z! s( X: g
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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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, H# |1 N3 c) t9 r- R2 r' a! [Calgary: $358,214 (+43.6%) ( W$ I1 w; ]0 @6 D$ J
Edmonton: $242,936 (+22.9%) # S/ N. \2 b3 I4 w# v' A
Halifax-Dartmouth: $210,225 (+7.6%)
% v8 I* L7 H, A/ ZMontreal: $219,433 (+8.2%)
- M3 ~. B- g$ [0 q* H- P9 P' _Ottawa: $260,219 (+4.7%) ) Q4 W) d9 }, J4 l h6 }' D; [
Quebec City: $150,324 (+6.9%) + h; n, x( W6 I8 k, }3 ~% O7 W
Regina: $142,147 (+10.3%)
& @+ x( V! l3 X$ X6 C. ]+ `" w8 USaint John, N.B.: $129,844 (+12.3%) Z8 `" p- o( |& D5 }0 q- u
Saskatoon: $162,279 (+11.5%) % W9 g/ B" y/ p
Nfld. & Lab.: $133,541 (-1.2%) ! E# ~$ y" `" T% F# u) I" F: f
Thunder Bay, Ont.: $118,804 (-9.0%)
* e1 A2 Z. V6 d m$ mToronto: $365,537 (+5.5%)
9 ^; @0 I. X7 h4 F8 BVancouver: $518,176 (+23.7%) & ]( k7 F, y4 b0 p/ s
Winnipeg: $159,801 (+12.5%)
7 e$ o' y1 j n3 ?$ x; f' d0 HCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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