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Average home price tops $300K in major markets
v& l+ r; e- b! [7 `+ U0 o- G$ eLast Updated Wed, 14 Jun 2006 14:05:59 EDT
1 [9 B1 m. C9 ^1 xCBC News </news/credit.html>
- r4 e0 x' P1 `6 F. I, N" O! [* oThe 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
3 B2 T1 ~+ I% Y2 MMultiple 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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& Y' _, \6 g6 Y3 b2 K& t5 Z, s+ {, K+ CIt was the biggest yearly increase recorded in two years.
, x% q# M) m x8 U, j0 e; ^. MThe 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.( _2 j9 L- I Y; B6 [
0 Y) b. E+ O+ R3 w" T% r% X/ g S2 fRed-hot Calgary experienced the highest year-over-year increase, with the average price for an existing home climbing 43.6 per cent to $358,214.- u5 e. L/ q _; g4 p' l1 a% |" M
d2 @3 x0 _, E9 N Y2 O$ u"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.; Q$ ~* {! x6 m" U% ` ^
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"This is crimping sales in lower price ranges and pushing up the average price for MLS home sales." 2 C) S" T+ r* M: X& Q: K# o
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.- v% Z$ z' X9 Q$ C
- C$ V+ @* ]7 Y, ]7 bHere is a sampling of average MLS home prices in May (with year-over-year changes in brackets): 1 X S: z% w9 d: U' H" X
/ x- p( `2 I/ u) g1 G% Y FCalgary: $358,214 (+43.6%) % @7 t- g) y# ~! E2 b# i
Edmonton: $242,936 (+22.9%) 1 u7 h3 v* f. c$ H' ]* S2 f' X( e
Halifax-Dartmouth: $210,225 (+7.6%)
1 w# X# F! J. ZMontreal: $219,433 (+8.2%) " h: g# [' n- V* ~- L# R3 }
Ottawa: $260,219 (+4.7%)
# P! e" H1 H8 e+ tQuebec City: $150,324 (+6.9%) + ~. j7 m3 e/ X# e7 ~
Regina: $142,147 (+10.3%) : ` p; r9 y/ Q8 x) ~( t
Saint John, N.B.: $129,844 (+12.3%)
( {8 {( h, e( BSaskatoon: $162,279 (+11.5%) 1 G0 W2 n% ^+ b6 D
Nfld. & Lab.: $133,541 (-1.2%) + V" {1 X8 m; [: {7 }) R; h
Thunder Bay, Ont.: $118,804 (-9.0%) + }8 ^9 W5 F: y0 G1 Z" u( d
Toronto: $365,537 (+5.5%) Q' @0 ^: O2 i. e. y& W$ @
Vancouver: $518,176 (+23.7%) 6 `; S3 g/ _7 Q4 T1 u( g
Winnipeg: $159,801 (+12.5%)
2 I, p: t1 }. d9 Q7 y: b. ^- Q% ]Canada: $303,836 (+12.9%) |
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发表于 2006-6-14 22:02
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