Calgary Home Sales Continue to Grow
(May 03 2017): Sales were up across all Calgary property segments in April, setting the stage for the best spring market in the past three years. The job market in Calgary has turned the corner and is beginning to look stronger.
Calgary property sales increased 8.4% year over year. The city-wide benchmark price, which is CREB's combined property sale price, was slightly under 1% lower than last year ($439,600). Note - April sales would have been 4-5% higher had it not been for the Easter long weekend, which occurred in March last year.
More jobs means less uncertainty for people who are sitting on the fence. There also tends to be fewer people who need to sell when employment improves