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Average home price tops $300K in major markets
" _+ C0 A' p( F) b8 q2 b% k$ FLast Updated Wed, 14 Jun 2006 14:05:59 EDT
) C% i9 k$ \# K. z; M% JCBC News </news/credit.html> 0 Z0 p3 `4 _; k
The average sale price of an existing home in 25 of Canada's major markets topped $300,000 in May for the first time ever, according to the latest figures from the Canadian Real Estate Association.
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Home sales are rising faster than new listings
A$ l% {# s/ B4 \; KMultiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.2 t7 |. w' B {! r# R# C
% j$ K2 _& ?5 L9 EIt was the biggest yearly increase recorded in two years.
, e T7 L, c7 X5 sThe 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 $358,214.; c. z3 ]" g/ ]9 G
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"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.( P7 `- X$ ^2 A/ d. u4 o+ t
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
5 J E$ Q- z6 I7 v, X$ ~$ @) ?) @2 }9 ^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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( w9 O* _& T9 aHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): }* [ t- l7 F0 t/ G8 e
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Calgary: $358,214 (+43.6%) 5 ~& t2 ], }! K; r& c* F0 v) P! C
Edmonton: $242,936 (+22.9%) ! j2 \1 [4 d9 `4 b- [+ `: a
Halifax-Dartmouth: $210,225 (+7.6%) I/ N _: N1 x r. m
Montreal: $219,433 (+8.2%) 2 k. i. t" Y% m5 _- X' e7 P
Ottawa: $260,219 (+4.7%)
6 @/ ?3 H! [0 n0 V7 Z& KQuebec City: $150,324 (+6.9%) $ N) ?" ]( G* `- E
Regina: $142,147 (+10.3%)
. C. U- k. s2 i; zSaint John, N.B.: $129,844 (+12.3%) $ H6 L1 m) N1 G8 m: G, m( H6 A
Saskatoon: $162,279 (+11.5%) p* X: n$ l6 N+ y' n
Nfld. & Lab.: $133,541 (-1.2%)
4 E- D$ v G7 YThunder Bay, Ont.: $118,804 (-9.0%) $ m& a6 q- ]& f
Toronto: $365,537 (+5.5%) 6 J$ K3 h# H8 W8 x- x2 |
Vancouver: $518,176 (+23.7%)
+ t% ?2 t; ]; m! f( s2 KWinnipeg: $159,801 (+12.5%)
7 _: F. l9 l/ g& U5 jCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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