Sales of higher-end homes in Calgary continue to show promise as our market continues to recover year-to-date.  Homes priced over $700,000 have shown a 21% increase in unit sales. This shows confidence in the longer term prospects for our economy as buyers in this price range are starting to take advantage of the record low interest rates and are realizing the value in this segment of the market.

Overall August continued to show better volumes than last year with sales gains overall of 23%. Listings new to the market were up slightly and average price was up just over 3% compared to last year.  Things look great as we head into the busy fall market.  Call me today at 403-238-3113 to find out more!