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Average home price tops $300K in major markets % W* z, A& x# L, b
Last Updated Wed, 14 Jun 2006 14:05:59 EDT
1 x7 G* x' n: ?/ L; N9 ~5 xCBC News </news/credit.html> ( I4 S: j+ c; f) x4 J0 E
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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. U; a1 }! M# Y0 }Home sales are rising faster than new listings
5 ]# E# Z& o' LMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.# d: Q5 Z1 q4 h
5 y6 O `8 I5 D. B& ^+ \ T: G% @It was the biggest yearly increase recorded in two years. ) ]; X, D( H+ a) K. J
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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- E: n0 u4 |3 e' ^; 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., I- R" |& y. \) ~7 E" j
, a- ?" h% R* s2 J2 q4 g1 y"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." ' ?5 P* ]4 B9 \
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.- K9 l! z8 r7 b
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Here is a sampling of average MLS home prices in May (with year-over-year changes in brackets): % W- K+ K+ Y# [9 F: S) x3 D
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Calgary: $358,214 (+43.6%)
! b8 \/ z i. G. B) ^. IEdmonton: $242,936 (+22.9%) 6 C$ q: T8 x7 _
Halifax-Dartmouth: $210,225 (+7.6%)
& Q" T/ `2 V- AMontreal: $219,433 (+8.2%) 3 E) E1 S' }6 E) Y# o
Ottawa: $260,219 (+4.7%)
/ v8 w" {& t2 g# M6 ~$ |: b0 L0 |& ~Quebec City: $150,324 (+6.9%)
- y E6 X8 A! P7 _$ ^% L5 H' TRegina: $142,147 (+10.3%) 2 {) N' | P8 Q |# N# E
Saint John, N.B.: $129,844 (+12.3%) # R& H' R" v7 v( W/ }6 k& D
Saskatoon: $162,279 (+11.5%)
6 ?. @+ m# o- K% [/ @, ^Nfld. & Lab.: $133,541 (-1.2%)
* P4 ]) o/ J6 f& A2 u0 A$ XThunder Bay, Ont.: $118,804 (-9.0%) / d3 h8 E/ ]+ i- N4 s: |
Toronto: $365,537 (+5.5%)
' b' z9 [- E% P& I3 S8 VVancouver: $518,176 (+23.7%)
- ?6 D, c; j5 n0 `Winnipeg: $159,801 (+12.5%)
2 l; b( @$ L* E8 s3 X1 qCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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