Calgary housing prices mark milestone

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Last updated Apr 12 2006 12:28 PM MDT
4 v, Z5 Q/ {5 ?# ICBC News
0 \  u: Z' Y# S' eThe cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.
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9 F: b: K) u+ c7 a9 Z. C9 LThe president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.

! m' {8 m$ l6 Y. W: IThe average price of a home in Toronto is still higher than Calgary but the cost of a single-family dwelling – the most sought-after type of property – is about $363,000 in Calgary compared to $358,000 in Toronto.
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Vancouver is the still the hottest market at nearly $500,000 for a single-family home.
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Clark says there's one reason Calgary's market has shot up so quickly.

) E3 `& ^. s# g7 ^/ C% J6 E"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.

# `4 J' Z4 f6 M- B"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."
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1 }* F& A5 A- \* l- `( XRealtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.
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0 X8 `9 d' ]" q1 P: W9 L& nGeorgiana Woods, who sells real estate in Toronto, believes that market will cool off while analysts in Calgary expect the city's unprecedented growth to continue.

大棒骨

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注意是苦笑噢。