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Average home price tops $300K in major markets . q% H3 |' e H
Last Updated Wed, 14 Jun 2006 14:05:59 EDT . `6 J) v0 ~( a+ U, `% E$ s: i
CBC News </news/credit.html>
1 y9 F* m% s8 _: A+ m( ~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 % G) E# X8 y3 u: _) l
Multiple Listing Service (MLS) figures show that the average home sold for a record $303,836, up 12.9 per cent from May 2005.
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It was the biggest yearly increase recorded in two years.
, J4 t9 @. ]$ f1 `# oThe 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.& D/ j+ ~5 D# ~
7 ^; A) y; ?9 [& U( xRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.
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4 [% u1 L6 C( B- z2 }# @- K"Recent price increases are resulting in a growing shortage of lower priced resale home listings in a number of markets," CREA chief economist Gregory Klump noted in a statement.
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales."
. `2 Z: a8 Q+ R$ }, M A. sOverall, 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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6 v; r/ w2 Z' A7 eHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets):
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1 w- M9 @2 G$ n( z% \Calgary: $358,214 (+43.6%)
3 o$ L4 @3 E( Z& ?% X' qEdmonton: $242,936 (+22.9%) & x0 K1 h0 G, {; ^
Halifax-Dartmouth: $210,225 (+7.6%)
: U# Q) h9 k& L, E, J# }Montreal: $219,433 (+8.2%) . }4 _% J( u1 F/ m' R& K
Ottawa: $260,219 (+4.7%) $ c- B* H7 z4 K: U! [* M% R/ L
Quebec City: $150,324 (+6.9%) 6 V" W$ i, V1 k4 x4 {$ P% M
Regina: $142,147 (+10.3%)
4 a: m. a+ H1 ^* y6 KSaint John, N.B.: $129,844 (+12.3%) & h; M1 F- R1 r5 Y
Saskatoon: $162,279 (+11.5%)
9 P1 E, D/ n# N: J, c' jNfld. & Lab.: $133,541 (-1.2%)
2 X6 f) {! @; L& c+ z/ Z$ r& CThunder Bay, Ont.: $118,804 (-9.0%)
1 S* M5 J! n$ o: A0 T9 s( dToronto: $365,537 (+5.5%) 1 K5 R. r) N% P" m0 J4 T, q
Vancouver: $518,176 (+23.7%) ; J! g1 f1 e) d& u5 f" j) L& P
Winnipeg: $159,801 (+12.5%)
- t7 d7 f4 U( |: ?! J5 C7 T: PCanada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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