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Average home price tops $300K in major markets
5 c3 U: @* w2 _: A8 p9 _$ H1 x4 nLast Updated Wed, 14 Jun 2006 14:05:59 EDT 8 D0 }* V( W$ Y) Q: I+ T; z! ~& x4 H5 `
CBC News </news/credit.html> 8 v2 t% S: M& v# [ L
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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2 j+ l2 W4 `! LHome sales are rising faster than new listings
9 s" s8 _2 m+ u e" q$ HMultiple 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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It was the biggest yearly increase recorded in two years. 7 l) v6 d* o. e+ j, S; G1 Y5 E
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.9 M& H( ^5 [+ G" t/ d& k
! q- l! _# k5 X' F% C8 m& vRed-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.; u. {; M: T/ V0 K! u: W5 X
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"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.+ d+ z0 r4 P* l9 t
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." 9 z, H. |+ Z- D
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.& U* d/ I8 F2 m, `* d1 {7 i) c' i
( V7 Z" @- T' R0 ~* X/ C, BHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): 4 P8 a0 f+ X) K) w* j9 g
) a. W( R% K8 s. b# v, K7 [3 dCalgary: $358,214 (+43.6%) 9 O& f* ~3 p% h [
Edmonton: $242,936 (+22.9%) 0 c/ A5 j& Q' W6 r( Q- C
Halifax-Dartmouth: $210,225 (+7.6%) / W0 h, O# N) |- T
Montreal: $219,433 (+8.2%) 6 C, G: X4 X# t6 }
Ottawa: $260,219 (+4.7%) 4 c; h; M' }8 N2 @. c* t+ u
Quebec City: $150,324 (+6.9%) / W" i5 L% B) Z, ]% t5 H
Regina: $142,147 (+10.3%) 7 \+ r# Z$ V- K' Y/ d
Saint John, N.B.: $129,844 (+12.3%)
6 S1 J- b3 R- {! I; pSaskatoon: $162,279 (+11.5%) ( c ?: [$ [% }9 i3 b: C
Nfld. & Lab.: $133,541 (-1.2%) * ~! W# u/ U( ]/ v+ o, w+ l
Thunder Bay, Ont.: $118,804 (-9.0%)
: E0 r" e4 z: x& }9 IToronto: $365,537 (+5.5%)
/ X9 X, X# ^: U! `) {Vancouver: $518,176 (+23.7%)
6 y# _6 ]% ~, u! z9 G8 uWinnipeg: $159,801 (+12.5%)
: |1 o+ f" X H1 H& NCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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