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Average home price tops $300K in major markets
! ^7 x2 k1 k5 H) ZLast Updated Wed, 14 Jun 2006 14:05:59 EDT ' |7 _' \; P) l# p+ R1 C
CBC News </news/credit.html>
' p: M8 ~1 g$ P+ @* o' gThe 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.& s1 {. j8 R+ ?( a& A* _
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1 K( E* ]& z* I; V9 B: G5 s V' `Home sales are rising faster than new listings
5 _5 f2 f+ y* R/ PMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.+ B0 V! o4 N' W4 {2 K( z. `% j0 ~$ b
m1 \& T4 p Y* y( EIt was the biggest yearly increase recorded in two years.
; N" _) Z& I: I: m+ R6 uThe Greater Vancouver area continued to have the most expensive housing in the country. There, the average home resale was $518,176 in May, up 23.7 per cent from the same month a year ago.
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W- \ R; E$ x% QRed-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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+ {2 F* u5 H4 K5 L- C; R"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.( @1 B" K; u Z* p
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
% ?" T; b4 A' \' Z, m( qOverall, 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.- _4 ~6 q* n5 j. s- T
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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%) / s n% b5 @4 D2 K3 v1 G7 d
Edmonton: $242,936 (+22.9%) + D }- |1 K7 a. X: A* ^* l
Halifax-Dartmouth: $210,225 (+7.6%) ! P! w$ U! ]4 h: U0 d% y3 Y
Montreal: $219,433 (+8.2%) 5 z+ E( }: d4 C
Ottawa: $260,219 (+4.7%) 2 k* D% U W- z4 m
Quebec City: $150,324 (+6.9%) 5 v4 I$ l; |1 Y3 f! U( ^& \" y
Regina: $142,147 (+10.3%)
" Q) t u8 B" ySaint John, N.B.: $129,844 (+12.3%)
* Q+ f2 \' A) O. Y. {Saskatoon: $162,279 (+11.5%)
# i& e) ~! G" @! c% _: F8 y; ONfld. & Lab.: $133,541 (-1.2%)
, w* J! j5 \! Q- C1 J% P2 jThunder Bay, Ont.: $118,804 (-9.0%) * Z! F6 O8 ]$ R- G: K
Toronto: $365,537 (+5.5%)
' Y0 u% b( e) J( d1 lVancouver: $518,176 (+23.7%)
3 C+ Z" \( y% D6 T8 v5 d0 o* I3 PWinnipeg: $159,801 (+12.5%)
# R q6 U. u/ @# ? [2 xCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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