New figures from the Calgary Real Estate Board continue the trend of higher sales.
New figures from the Calgary Real Estate Board continue the trend of higher sales. No talk of a slowdown in the city as the number of MLS sales increases by 11.93 per cent on a year ago with 2,148. That’s almost a record, just under the 2,197 sales in September 2005. Condos and townhouses led the market due to their relative affordability with sales volumes increasing by almost a third and according to CREB’s chief economist the long term outlook is positive. The average price of homes sold in September was $487,300; up 7.3 per cent year-over-year; while the median was up 5.59 per cent from a year ago at $425,000. One of the key improvements for the month was in sales of single family homes with a 3.48 per cent growth from the same time last year following two months of declines. Read the full story.
