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Here's Your Recap: Calgary 2011 Residential Real Estate Summary

By
Real Estate Agent with Re/Max First

Calgary Homes - 2011 Stat SummaryAccording to figures released last week by the Calgary Real Estate Board (CREB®), Calgary residential real estate sales in 2011 increased eight per cent over the previous year, with 18,568 sales for 2011 compared to 17,267 in 2010.

Recovering from tepid sales activity in the first half of 2011, improvements in employment and migration resulted in a pickup in housing demand in the second half of the year. By the end of June 2011, year-to-date sales activity had only increased by two per cent compared to the second half of the year, where residential sales improved by 15 per cent.

When you're ready to buy or sell a home in Calgary, we are your real estate agents of choice. Be sure to use our quick and easy search feature. We're the experts, and we're here to help you! Contact the Calgary Home Team today for more information on how we can help you achieve your real estate goals at: 403.519.9102 or via email.