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June 2014

Found 2 blog entries for June 2014.

Calgary luxury real estate sales 2014 Calgary’s buyers purchasing luxury homes and condos have dramatically shifted their focus away from areas impacted by the June 2013 floods.

The perennial leader for most multi-million dollar property sales - Elbow Park - is now 4th on the list of communities with most luxury property sales, while Discovery Ridge & Eau Claire, which ranked 8th & 9th at this time last year have fallen to 34th & 40th position.

Traditionally, communities such as Elbow Park and Mount Royal come to mind when thinking about million-dollar Calgary real estate. But in 2014 both fall short of topping the list of top million dollar communities and only Elbow Park makes the top five.

Top 5 Calgary Million Dollar Sales Communities

#5 Springbank Hill – (20) Sales

There

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Calgary Real Estate: May Review

Calgary real estate stats: May 2014

 May was another big month for the Calgary real estate market, with a record number of home and condo sales in the city.

In addition, while the number of home listings is nearly 12% lower than the same time last year, listing inventory for homes has finally started to increase. This is expected to continue through the summer months. Listing inventory for Calgary condos is now 10% higher than last June.

Demand for Calgary property continues to be stronger than anything seen since 2006, with the highest demand seen in homes priced under $700,000 and condos listed for under $500,000 (less than 2 months of listings). *See Figure 1 & 2 below*

Ann-Marie Lurie, chief economist with the Calgary Real Estate Board,

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