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chemgear · 01-28-2011, 10:23 AM

http://www.calgaryherald.com/busines...823/story.html

January SFH sales look to be close to 2010 totals even with the bump from the "rush" to get in before the minor reduction in mortgage amortizations. Condos look rather poor - not even getting back to 2010 sales - inventory is higher and median prices down further (though the average is nicely propped up by the $4.1 million sale this month.) Absorption rates back over 6 months to sell a condo.

01-28-2011, 10:23 AM	#1685
chemgear Franchise Player Join Date: Feb 2010 Exp:	http://www.calgaryherald.com/busines...823/story.html January SFH sales look to be close to 2010 totals even with the bump from the "rush" to get in before the minor reduction in mortgage amortizations. Condos look rather poor - not even getting back to 2010 sales - inventory is higher and median prices down further (though the average is nicely propped up by the $4.1 million sale this month.) Absorption rates back over 6 months to sell a condo.