Housing Sales Indicators

Aug 15, 2013

Of the several key indicators of economic strength, one is housing sales. Home sales in B.C. soared last month, the highest number for the month of July in 8 years, up 40%. The average BC house price was $534,360, up 12.5% from July 2012. In Vancouver, the avg. price was $601,900.
In Alberta transactions increased by 17.8% and the avg. price was up by 4.3% to $379,696. Calgary had the best year-over-year price growth in the resale housing market up 18.9% from last year, the avg. price at $455,688.
Across Canada, sales were up by 9.4% price rose by 8.4 per cent to $382,373.