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Average home price tops $300K in major markets
' w# a+ F: W( i! BLast Updated Wed, 14 Jun 2006 14:05:59 EDT
2 }3 O. k' f# k9 [# \, s' hCBC News </news/credit.html>
) V! |# c: W% @: kThe average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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! J: H% \6 ?1 JHome sales are rising faster than new listings
! o( q" f) c$ sMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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! `$ x9 e4 w* C$ Q: NIt was the biggest yearly increase recorded in two years.
8 a" Y n8 F, X; I5 RThe 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.+ W8 Y6 A* x; w8 D' e8 G# D3 n8 p) H1 u
5 e* Q5 @# g- s6 s* ^/ b6 oRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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8 v" R: G- l v, \"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.- {9 b0 _5 o* l4 Y e, d% \* B
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." 2 J3 x5 }1 ]+ c* Q! r
Overall, sales in the country's major markets rose 4.4 per cent to a record 37,460 units in May. On a year-to-date basis, sales activity broke records in 12 cities across the country.1 z, J1 o$ r) C3 n1 y
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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%)
& d- T+ K1 [% eEdmonton: $242,936 (+22.9%) % m' @: @8 a0 ]$ ^5 A9 |
Halifax-Dartmouth: $210,225 (+7.6%)
" _7 F4 u v& k0 J4 tMontreal: $219,433 (+8.2%) ) p3 r$ N7 i7 C5 p" F9 \1 r% v2 C1 Q& u
Ottawa: $260,219 (+4.7%)
% J: e0 K8 W2 q4 U, N J4 D# tQuebec City: $150,324 (+6.9%)
/ Z1 J A; @' ~# O$ ^9 xRegina: $142,147 (+10.3%)
7 S/ b# A( d" }Saint John, N.B.: $129,844 (+12.3%) ! k- y4 A# }7 R- V3 Q0 ^6 p: t
Saskatoon: $162,279 (+11.5%) % ]' b/ C8 [% V& q8 S
Nfld. & Lab.: $133,541 (-1.2%) % z2 o5 Z+ m9 V& ]) S( d5 m, C
Thunder Bay, Ont.: $118,804 (-9.0%) 7 i2 |5 m# Y3 W/ K D' z
Toronto: $365,537 (+5.5%) 7 J6 ~5 ?8 p0 s* o6 e/ I2 d& [
Vancouver: $518,176 (+23.7%) 8 U Y l' n( D3 f" g, e, e2 Z
Winnipeg: $159,801 (+12.5%)
1 Q: D' U8 y$ WCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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