Quote:
Originally Posted by chemgear
Update for Calgary during September:
http://www.calgaryherald.com/busines...991/story.html
While most of Canada’s major centres recorded year-over-year MLS sales declines in September, Calgary went against the tide with the highest annual growth rate in the country.
According to the Canadian Real Estate Association, MLS sales in Calgary rose by 14.8 per cent from September 2011 to 2,054 transactions.
In contrast, sales across the country fell by 15.1 per cent to 32,192.
But the average MLS sale price in Calgary dipped by 0.9 per cent in September to $402,756. |
So sales are way down everywhere, but the prices haven't really moved. Meanwhile in Calgary, sales are up, but prices down?
HPI needs a revamp?
Long, but interesting read on the state of Canadian RE
http://pacificapartners.ca/blog/2012...le-chart-book/