{"id":4473,"date":"2007-11-16T22:04:54","date_gmt":"2007-11-17T03:04:54","guid":{"rendered":"http:\/\/blog.jackjia.com\/?p=4473"},"modified":"2007-11-16T22:04:54","modified_gmt":"2007-11-17T03:04:54","slug":"20071116%e5%8a%a0%e6%8b%bf%e5%a4%a7%e6%88%bf%e5%9c%b0%e4%ba%a7%e5%b8%82%e5%9c%ba%e7%83%ad%e7%83%a7%e4%b8%8d%e9%80%80","status":"publish","type":"post","link":"https:\/\/blog.jackjia.com\/?p=4473","title":{"rendered":"20071116\/\u52a0\u62ff\u5927\u623f\u5730\u4ea7\u5e02\u573a\u70ed\u70e7\u4e0d\u9000"},"content":{"rendered":"

Real estate continues to climb<\/strong>
\nSaskatoon, Regina prices up 50%
\nLast Updated: Thursday, November 15, 2007 | 12:51 PM ET
\nCBC News <\/p>\n

Canada’s real estate scene is showing no sign of the weakness sweeping through the U.S. market, as sales and prices continue to rise.<\/p>\n

The average resale price in 24 major markets jumped $5,000 from September to October, to $333,544, according to figures from the Canadian Real Estate Association (CREA).<\/p>\n

Average MLS home prices, Oct. 2007 <\/strong>
\nRegion Price % change from Oct. ’06 <\/strong>
\nCalgary $411,450 10.0
\nDurham, Ont. $273,742 6.6
\nEdmonton $347,668 25.7
\nHalifax-Dartmouth $219,255 8.0
\nHamilton-Burlington $278,180 11.6
\nKitchener-Waterloo, Ont. $256,043 3.7
\nLondon-St. Thomas, Ont. $202,979 7.0
\nMauricie (Trois-Rivi\u00e8res), Que. $119,621 19.3
\nMontreal $238,558 8.9
\nOttawa $275,184 6.1
\nOutaouais (Hull), Que. $185,211 11.6
\nQuebec City $163,777 10.3
\nRegina $190,657 50.3
\nSaguenay-Lac Saint-Jean, Que. $125,826 16.0
\nSaint John, N.B. $141,948 10.3
\nSaskatoon $255,614 53.3
\nSt. Catharines, Ont. $234,493 6.5
\nNfld. & Labrador $150,149 10.4
\nSudbury, Ont. $182,143 17.2
\nThunder Bay, Ont. $124,281 0.7
\nGreater Vancouver $590,577 7.8
\nWindsor-Essex, Ont. $156,838 -4.0
\nWinnipeg $178,756 15.5
\nToronto $394,583 10.7 <\/p>\n

That’s a rise of 10.6 per cent from last October \u2014 the sixth month in a row of double-digit year-over-year price gains.<\/p>\n

The country’s priciest real estate continued to be found in Vancouver, where the average resale price jumped $8,000 from September to reach $590,577 in October \u2014 up 7.8 per cent from a year earlier.<\/p>\n

Alberta’s cities used to post the biggest percentage price gains. But recently, it’s been Saskatchewan that’s been doing the booming.<\/p>\n

Saskatoon’s average resale home sold for $255,614 in October \u2014 up a whopping 53.3 per cent from October 2006. Regina’s increase was just behind \u2014 up 50.3 per cent to $190,657.<\/p>\n

Average resale prices hit record highs in the two Saskatchewan cities, as well as in Montreal and Toronto.<\/p>\n

Toronto’s average price jumped $14,000 in a month to $394,583. A similar price rise took place in the Hamilton-Burlington, Ont. region.<\/p>\n

Prices in every market except Windsor were up over last year. Windsor’s real estate market remains weak, with prices down four per cent year-over-year. <\/p>\n

On a seasonally adjusted basis, sales rose 1.3 per cent from September’s level, with more than half the markets reporting an increase in activity.<\/p>\n

“Negotiations still favour the seller in nearly all major markets,” CREA chief economist Gregory Klump said in a release. “This suggests resale housing demand remains on a strong footing, and that price increases will continue to exceed overall consumer price inflation.”<\/p>\n

CREA forecasts that average prices in 2008 will set new records in every province, despite a slowdown in sales activity.<\/p>\n

CREA’s figures are based on sales through the Multiple Listing Service system.<\/p>\n

http:\/\/www.cbc.ca\/canada\/toronto\/story\/2007\/11\/15\/realestate.html<\/p>\n","protected":false},"excerpt":{"rendered":"

Real estate continues to climb Saskatoon, Regina prices up 50% Last Updated: Thursday, November 15, 2007 | 12:51 PM ET CBC News Canada’s real es…
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