Calgary Real Estate Market Sends Mixed Signals for April 2012
MLS® sales for April 2012 gave mixed results for the metro Calgary real estate market. While the number of sales for both single family homes and condos was up dramatically vs. April last year, sale prices for Calgary houses stayed flat, with condo prices showing some improvement.
Inevitably there will be a lot of discussion about the increased number of sales this year compared with April 2011, so allow me to provide a bit of context (seeing the forest through the trees if you will):
Last April (2011) was the poorest April in the past 10 years for Calgary home & condo sales.
*see combined sales below; All sales numbers & prices are for homes located within metro Calgary*
MLS® sales for April 2012 gave mixed results for the metro Calgary real estate market. While the number of sales for both single family homes and condos was up dramatically vs. April last year, sale prices for Calgary houses stayed flat, with condo prices showing some improvement.
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