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Calgary Real Estate Blog

Calgary Real Estate September 2013 Monthly Housing Statistics

September 2013 Market Stats

Residential sales in the City of Calgary reached 1,923 units during the month of September. This represents a 19 percent increase when compared to last year. The figures are also significantly higher than the average for the month of September, with the numbers being 14 percent higher than the September average.

Overall, sales in the City of Calgary have been higher than the long-term trends. It should be noted, however, that September saw less of an increase than July and August. According to Ann-Marie Lurie, who is the chief economist of CREB, this is likely due to the floods that helped to boost sales throughout July and August. Lurie believes the additional demand resulting from the floods started to ease up in September. Nonetheless, sales continue to...