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June 2014

Found 1 blog entry for June 2014.

Calgary real estate price gains and better weather support year-over-year gains in new listings.

June 2014 – Residential sales in the city of Calgary totaled 2,948 units in May, a 16 per cent increase over the previous year. Sales last month were well above long-term trends and are the highest May activity on record. Strong sales activity is a reflection of improving fundamental conditions such as a growing population, favourable lending rates and rising wages. May resale market sales were somewhat restricted by lack of choice. However, recent price gains have encouraged growth in new listings, helping meet some of the housing demand.

Last month, new listings totaled 4,327, a 16.5 per cent rise over figures reported during the same time last year with

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Re/Max, CREB Certified Condominium Specialist