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Calgary Real Estate by Tost Realty Group

Calgary Real Estate Market Conditions May 2012

Calgary Market Data

While the economy certainly had an effect on the Calgary housing market, recent data indicates the market is moving in the right direction. Not only are total sales up, but the number of new listings has experienced a slight bump. Furthermore, housing prices are steadily increasing, which means those who are interested in purchasing a home in Calgary should seriously start looking at the market if they hope to take advantage of the best deals.

According to market data recently released by CREB, total sales in April of 2012 were 1,937. This represents an increase when comparing April 2012 to April 2011, at which time the total sales figures were at 1,442. While this does represent a drop from March 2012, during which there were 2,166 sales, a similar drop took place between...