Price of Calgary single-family homes continue to rise
CALGARY- The price of single-family homes continues to rise.
New numbers from the Calgary Real Estate Board show the average price reached a new high of $452,900 in April—the highest they’ve been since 2007.
“It’s really encouraging to see that the Calgary market remains strong,” said Becky Walters, president of CREB’s board of directors. “It’s reassuring to both buyers and sellers to see that this area is outperforming many parts of the country.”
There were 1,611 sales of single family homes last month, which is a two per cent increase from the same month last year.
The condo market also continues to thrive, with 1,258 units sold in the first four months of 2013. That’s an 11 per cent jump from 2012.
Tamara Elliott
Online Reporter Global News
