Calgary Sales Increase 19%
(December 1, 2013) Calgary residential property sales continued to outperform other markets in the country with a 19% increase in homes and condos sold in November.
Last month marked the 8th consecutive month with a year-over-year sale increase, with the highest number of November sales recorded in seven years *November 2006 had 15% more sales (1,995)*.
February & March have been the only months this year that Yr/Yr sales haven't increased, with both those months seeing only low single-digit differences.
Prices in both the Calgary home and condo segments were up 8% (median sale price vs November 2012).
According to The Bank of Montreal, Calgary has the strongest major residential housing market in the…