Calgary Real Estate Board released its second quarter, or spring, report that shows sales from April to the end of June — while historically very strong — were not quite as robust as the record-breaking start to 2022.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.
In the first quarter of this year, the Calgary market saw 9,413 sales — which was 45 per cent higher than the 10-year average. Single-family home sales continued to dominate activity, though sales saw a year-over-year decline of more than 14 per cent. Due to higher interest rates buyers turned their attention to lower priced segments. Row sales increased by almost 37 per cent from the second quarter of last year.
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