04/14/10
Calgary's housing market showed signs of increased activity in the month of March due to homebuyers anticpating a rise in interest rates.
The number of single family homes sold in Calgary in March 2010 was up 29% from the same time a year ago. Condominium sales increased 37%.
1396 single family homes sold in March 2010, an increase of 35% over sales in February 2010. Condominium sales were up 14% from February numbers totaling 609 sales.
The average price of a single family home rose 3% to $471,269 over February which saw the average price of $$458,254.This is also an increase of 12% over the average price a year ago.
The average price of a condominium in March was $296,660 an increase of 5% from the previous month and a 4% increase over last years number.
Statistical Source is Calgary Real Estate Board
Past Newsletters
April 14, 2010
December 1, 2009
August 17, 2009
May 3, 2009
March 10, 2008