According to Mario Tuneguzzi of the Calgary Herald, the sale of luxury homes is 25% above what it was in 2009. Is this another sign that the economy is recovering.
242 homes over $1,000,000 sold from January to August 2010 compared to 194 during the same time period in 2009.
Realtors specializing in this market are really busy.
In Chestermere we have a lot of buyers that are looking at lakefront homes, as values are the best they have been in a long time.
This may be your best chance to upgrade that homebuyers will see for a long time.