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Average home price tops $300K in major markets / `" S% j- z: \/ G1 r
Last Updated Wed, 14 Jun 2006 14:05:59 EDT " V9 X0 ~* p3 m- W3 M
CBC News </news/credit.html> / b; [7 a, d [8 m) C+ b p
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.9 M5 n0 n- b# E
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$ [) {# V& B9 [! a$ mHome sales are rising faster than new listings
2 w. ^7 L# W! q7 b: ?2 l. {% ?Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.) Q4 o" X% ^& q5 I
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It was the biggest yearly increase recorded in two years.
, }5 Z p* ^" b7 h: W, K# ~: u; `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 $358,214.
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' m# L% g5 g0 N% \0 D"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.) k! F/ j8 _$ [: _0 M& y( K
# q" ?6 E6 _, w"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." . P( D8 y4 _& ^7 Y; f9 Q/ m
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.
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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: $358,214 (+43.6%) * @$ G9 V5 n4 v. Y& |
Edmonton: $242,936 (+22.9%) . ~# t! [& \5 e8 k
Halifax-Dartmouth: $210,225 (+7.6%)
$ K, u$ }- `. r. T* C9 ]# s, n5 bMontreal: $219,433 (+8.2%) * y' H& r( L% x7 C4 G) i; K
Ottawa: $260,219 (+4.7%)
9 [; b" V: L) [; W% _Quebec City: $150,324 (+6.9%)
+ R, D9 [8 b- K1 K% J5 C/ XRegina: $142,147 (+10.3%)
8 ^0 T1 I2 ^& E2 Z; U1 G: ISaint John, N.B.: $129,844 (+12.3%)
) g# B3 V- y3 F' d V$ U# S+ i& TSaskatoon: $162,279 (+11.5%)
. k* }- q" E: }; _- j& d8 w2 j) ^Nfld. & Lab.: $133,541 (-1.2%)
: x" R8 C5 P$ XThunder Bay, Ont.: $118,804 (-9.0%)
. b9 H# p1 M' B. d+ K9 T9 YToronto: $365,537 (+5.5%) 1 \& X" a1 `# K+ Y8 f4 Y
Vancouver: $518,176 (+23.7%)
" N$ v" W2 e! V9 m+ `0 @+ N9 O GWinnipeg: $159,801 (+12.5%)
# @5 q$ _8 E. P0 s! H/ P) o4 iCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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