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March 2014

Found 2 blog entries for March 2014.

Calgary Real Estate: Mid-March Update

Calgary real estate stats: Mid-March 2014

 Calgary's real estate market continued to fire on all cylinders through the first 15 days of March, with sale numbers & prices up in both the home and condo segments. BMO Capital Markets released a report Friday which suggested Alberta was bound for another housing boom, but not at the frenzied pace seen in 2006/2007.

The pace of growth in Alberta's economy today, while "clearly superior" and "head and shoulders above the rest of the country", does not match that seen in 2006. 

Demand for property continues to be stronger than anything seen since 2007, and while inventory levels are lower than at anytime since then, they are still higher than they were during the peak.

Globe & Mail Video: Demand for

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February Sees Continuing Seller's Market in Calgary

Calgary real estate stats: February 2014

 (Calgary March 1, 2014) Low listing inventory continued to put pressure on Calgary property prices in February, resulting in double digit increases in both home and condo prices. Buyers are desperate in price ranges under $600,000, where listing inventory is now only 1 month. 21% of all Calgary homes sales in February sold for over list price as property listing inventory fell 19% below levels seen same time last year.

Prices for Calgary homes rose 10% vs a year ago, while condos sold for 15% more in February. Combined home & condo sales volume rose 9%, with condo sales increasing by 25% while homes sales were up 2% versus February 2013.

February was the 11th consecutive month with a Yr/Yr

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