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January 2014

Found 2 blog entries for January 2014.

CREB 2014 Calgary Real Estate Forecast

Calgary Real Estate 2014 Forecast

 (Calgary, January 15 2014): CREB®'s 2014 forecast for the Calgary real estate market projects a 2.4% rise in resale home sales and a 6.4% rise in condominium sales (apartment-style condo sales: +5.0%, townhouse-style condo sales: +8.3%).

Sustained employment growth in the city on the back of 2 years of higher net migration levels will see a 3.8% increase in Calgary resale home prices, while combined condo prices will rise by 5.3% (Calgary apartment price: +5.8%, townhouse price: +4.75%).

"In 2014, both sales activity and prices are expected to improve, but not at the same pace recorded in 2013," said Ann-Marie Lurie, CREB®'s cheif economist. "While factors influencing demand will support growth in 2014,

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Calgary closes 2013 with 11% Sales Increase

Calgary real estate stats: December 2013

(Calgary January 3, 2013) Despite near-record snowfall & bitterly cold weather, Calgary saw an 8.3% rise in Yr/Yr sales in December, the ninth consecutive month of sales volume increase.  2013 Calgary home & condominium sales topped last years number by 10.8%.

December sale prices rose in both the home and condo segments Calgary. The median sale price of a Calgary home rose 10.4% ($463,500), while the median sale price of a Calgary condo jumped 10.9% ($288,250) last month.

For the entire year, the median sale price of a Calgary home rose 7.1% ($450,000), while the median Calgary condo sale price increased 6.3% (284,900).

 

"Sales growth exceeded expectations in 2013, pushing above long-term

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