The Calgary Real Estate Board said overall sales were almost two per cent better than a year ago, while a continued lack of new listings lifted prices across all categories.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
Despite the record, year-to-date sales are still almost 30 per cent behind where they were last May and the board said the market has still not shifted completely away from the declines seen at the start of the year. The market’s benchmark price was up almost three per cent at $557,000, while the average price pushed up roughly six per cent to $551,853.
“Calgary continues to benefit from the relatively healthy job market and recent population growth keeping housing demand strong across all property types,” Lurie said in a release.