Calgary’s Booming Housing Market
Sep 03, 2013
Calgary’s booming housing market was setting records in August as growth continues in Alberta. Records were set for the most luxury home sales ever for the month, the highest median and average sale prices for the month and the second highest ever total MLS sales during the month.
Preliminary figures by the Calgary Real Estate Board show total MLS sales for August were up 27.53% from last year; the average price rose by 8.80% to $453,752; new listings were up by 7.3%; active listings were down by 24.80 per cent to 3,896; and days on market to sell fell by 17.78% to 37.