Globe and Mail Update

Rise in average residential home prices from 1981 to 2006, as reported:

Vancouver: from $148,861 to $509,876 (up 242 per cent)

Victoria: from $121,648 to $400,000 (up 229 per cent)

 Kelowna: from $104,285 to $323,978 (up 211 per cent)

 Calgary: from $106,033 to $346,673 (up 227 per cent)

 Edmonton: from $91,438 to $250,915 (up 174 per cent)

 Regina: from $54,915 to $131,851 (up 140 per cent)

 Saskatoon: from $64,756 to $160,577 (up 148 per cent)

 Winnipeg: from $52,656 to $151,983 (up 189 per cent)

 London: from $57,989 to $190,521 (up 228 per cent)

St. Catharines: from $49,655 to $213,032 (up 329 per cent)

 Hamilton-Burlington: from $58,508 to $248,400 (up 325 per cent)

 Toronto: from $90,203 to $351,941 (up 290 per cent)

Barrie: from $51,665 to $244,000 (up 372 per cent)

 Ottawa: from $64,854 to $257,481 (up 297 per cent)

 Montreal: from $55,004 to $215,659 (up 292 per cent)

 Halifax-Dartmouth: from $59,366 to $203,178 (up 242 per cent)

Moncton: from $44,338 to $130,000 (up 193 per cent)

St. John's: from $55,067 to $139,300 (up 153 per cent)

National average: from $76,021 to $276,824 (up 264 per cent)

Henry J. Kacprzak

I would like to bring the following to your attention: a recent issue of The Global and Mail featured an article on the property profitability according to city and province. Listed here is the rise in average residential home prices from 1981 to 2006.