Hoping that this trend continues, it would be nice to see a rise in Calgary real estate activity and prices again. Here we come Spring Market!
CALGARY — MLS sales activity improved across all residential sectors in February compared with a year ago, according to data released today by the Calgary Real Estate Board.
Calgary and area sales growth pushed February total residential activity of 2,160 sales up by 11.6 per cent compared with February 2011.
In Calgary itself, CREB data indicates total sales of 1,737 during the month was up 7.02 per cent from February 2011.
“City sales were boosted by a lot of activity in the last week of the month,” said Bob Jablonski, CREB’s president, in a statement. “This points towards the improvements that we expect to see in our spring market activity.”
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Good, I hope we don’t get a correction or anything scary like that. Personally I think the pundits are wrong.