Calgary’s housing market continues at a healthy and balanced pace, according to figures released by the Calgary Real Estate Board (CREB®).
The number of single family homes sold in April 2010 in the city of Calgary was up 5 per cent from the same time a year ago, while condominium sales saw an increase of 10 per cent from the same time a year ago.
April 2010 saw 1,352 single family homes sold in the city of Calgary. This is a decrease of 3 per cent from 1,396 sales in March 2010. In April 2009, single family home sales totaled 1,290. The number of condominium sales for the month of April 2010 was 639. This was an increase of 5 per cent from the 609 condominium transactions recorded in March 2010. In April 2009, condominium sales were 579.
Diane Scott president of CREB® (Calgary Real Estate Board) says, “Continued economic optimism, improved choice and price stability are all contributing to a healthy and balanced housing market in Calgary. Calgary’s housing market is set to simmer, not sizzle in 2010. We can be grateful that we are not facing any real danger of a housing bubble here in our market.”
Statistical Information Taken From CREB® (Calgary Real Estate Board)