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Average home price tops $300K in major markets 9 I# w' w: `" q
Last Updated Wed, 14 Jun 2006 14:05:59 EDT 5 _! x! M8 \8 x0 t
CBC News </news/credit.html>
3 t& S; i3 V, N# B2 ]3 P9 DThe 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.2 {: Z7 O" Q: |" ^, t
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Home sales are rising faster than new listings - y5 \2 L/ y5 c3 h, h0 k
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.% h' W2 f) B U F" |9 X. ?
1 P- G( J( e/ H7 V* C4 xIt was the biggest yearly increase recorded in two years. / N1 b" q4 C; H/ s7 d0 V3 i& ]8 @0 R
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 L; Y) Z4 `* w# n1 G( f
! X1 U8 D! y/ i8 `+ T% e' l( yRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement./ s8 n- |' u$ R1 Z C, O \
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." ; I6 E3 x2 E/ k1 Q& u% N
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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7 U% g! L9 G" T: j ~, j& ^3 l( B3 l( ?Calgary: $358,214 (+43.6%) J/ _. s J& g% A& G$ I8 P+ S
Edmonton: $242,936 (+22.9%) ; M. D7 |0 P" _! q9 n# R
Halifax-Dartmouth: $210,225 (+7.6%) 5 _' q/ z% G( c
Montreal: $219,433 (+8.2%)
9 y' f7 J- x: Q! `" y$ xOttawa: $260,219 (+4.7%) , \0 f; y" L8 ^4 }; O0 T/ `
Quebec City: $150,324 (+6.9%) 9 R' @1 r" Z6 F" h4 k
Regina: $142,147 (+10.3%)
" n3 Q) p# Z( H3 `& FSaint John, N.B.: $129,844 (+12.3%) ! ~* d, |# R1 l1 ?
Saskatoon: $162,279 (+11.5%) ! \2 e1 ?2 R- [# y
Nfld. & Lab.: $133,541 (-1.2%) - A6 p$ N' L2 D* ~6 s2 w
Thunder Bay, Ont.: $118,804 (-9.0%)
S0 }* ]9 F& H9 B% a) Q2 \5 J( \Toronto: $365,537 (+5.5%)
y7 T: c4 A& B+ t9 p2 aVancouver: $518,176 (+23.7%) ) U6 ~% y0 Y2 H0 o! L. Z; M' P8 F4 n
Winnipeg: $159,801 (+12.5%) 5 p% A3 W3 v- e; `- ^5 E, _: E
Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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