April 2012 Market Stats: Balanced Market Second Month in a Row
Tuesday, May 8th, 2012May 8, 2012 – Calgary’s real estate market continued to perform in line with 10 year averages and in balance for the second month.
After a slow start in January and February we are now moving full steam ahead and have a full blown spring market!
- Sales of single family homes lead the way with increases of 30% over the volumes that were produced last year during April.
- Condo apartments were up 13% and townhomes were up 19% for the month.
- Listings new to the market for the month were up 5% but year-to-date are still down slightly.
We should see another strong month in May and look forward to our balanced market continuing into the summer.