Yearly records set as monthly sales see slight decline in Calgary market..
Condominium and townhouse sales set a new record for 2014
Calgary, January 2015 – It was a record setting year for Calgary's condominium apartment and townhouse sectors, as sales reached new annual highs despite year-over-year residential sales declines of 7.5% in December.
Single family sales totaled 708 units in December, a yearover- year decline of 8.3%. Meanwhile, total condominium sales also declined by six per cent over the same time frame, but overall activity remained consistent with long-term averages.
Yearly condominium apartment sales totaled 4,742 in 2014, an 18 per cent increase over the previous year. Meanwhile, townhouse sales totaled 3,737 units, a 17…