When Will the Calgary Market Really Catch Fire?
It’s been a strong year for real estate sales with a 23% increase over October 2011. Calgary’s market is outperforming any other markets and is on the opposite sales end compared to the rest of the country.
CREB® President Bob Jablonski says “Relative to national trends, we continue to move in the opposite direction, recording both sales and price growth. However, despite the higher than anticipated sales growth this year our market is not overheating, simply returning to levels consistent with long term trends and prices still have not fully recovered after the last recession.”
That’s nice to know except it doesn’t reveal how last year’s sales were actually pretty good too. The Calgary market has been…