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Tuesday, October 2, 2012 - CALGARY AREA SALES AND PRICE GROWTH CONTINUE, DESPITE NATIONAL TRENDS

Calgary, October 1, 2012 – Residential sales activity continues
to improve in the Calgary area, as year-over-year sales for the
month of September increased by 11 per cent. After the first
three quarters of the year, residential sales within city limits
totaled 17,018, a 15-per-cent increase over 2011.
“There has been significant discussion over the slowing
national market,” said Bob Jablonski, CREB® President.
“However, Calgary is seeing improving sales activity and price
growth with no indication that market is poised for a
correction.
“In fact, for the first time in several years, the Calgary housing
market is demonstrating typical behavior for this time of year.”

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posted in General at Tue, 02 Oct 2012 16:25:50 -0600



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