Sales activity and prices improve over 2013
Calgary, Feb. 2014 On the heels of a strong year of sales growth, January sales in the city of Calgary totaled 1,440 units, a 17 per cent increase over the previous year.
Calgary Condominium Market
Condominium apartment and townhouse sales totaled 466 units in January, a 33 per cent increase over the same period in 2013. New listings in the condominium apartment and townhouse market totaled 809 units, a combined increase of six percent.
Condominium apartment and townhouse prices totaled $280,600 and $308,100 respectively in January. On average, year-over-year price growth in the townhouse market totaled just more than 8 per cent, compared to the apartment sector increase of nearly 12 per cent. While…