Calgary housing prices mark milestone

屯民

Last updated Apr 12 2006 12:28 PM MDT
CBC News
The cost of a single-family dwelling in Calgary has surpassed the average price of a similar home in Toronto by about $5,000.
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( L7 t- [! g7 s6 Y: g# `+ TThe president of the Calgary Real Estate Board, Kevin Clark, says he's never seen anything like it before.
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The average price of a home in Toronto is still higher than Calgary but the cost of a single-family dwelling – the most sought-after type of property – is about $363,000 in Calgary compared to $358,000 in Toronto.
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5 ]* d# E. T0 v: nVancouver is the still the hottest market at nearly $500,000 for a single-family home.

& c+ I% w& e0 [( }Clark says there's one reason Calgary's market has shot up so quickly.
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$ g! G0 B5 S+ M* s8 q! |( P9 K"The numbers of our average sales prices are certainly indicative of the strength of the local economy and the Alberta area," says Clark.

"The market place remains to be a strong market place and economy remains strong so the numbers are reflective of that."
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Realtors in both Calgary and Toronto say they've seen inner city homes go for as much as $200,000 more than the asking price.
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/ s% A5 }; Z6 T4 `/ zGeorgiana Woods, who sells real estate in Toronto, believes that market will cool off while analysts in Calgary expect the city's unprecedented growth to continue.

大棒骨

哈哈~~~~
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注意是苦笑噢。