According to numbers released by CREB® earlier this week, residential home sales in Calgary have increased 16 per cent, over the same period last year. This rise has brought activity closer to long-term trends in the city, according to CREB®’s Chief Economist, Ann-Marie Lurie.
“Our housing market is returning to normal levels of activity, supported by the improvements in our employment sector and
rise in migration.”
By the Numbers: June
• Single family sales reached 1,609, increase of 16 per cent from 2011.
• Single family benchmark price was $430,800, increase of 7.3 per cent from 2011.
• Year-to-date condominium sales totaled 1,858, increase of 7 per cent from 2011.
• Condominium benchmark price was $246,300, increase of 1.5 per cent.
Do you have questions about the Calgary real estate market, or these numbers specifically? Feel free to call us: 403-287-4888.
