(Source: Calgary Herald

For the first time in many months, year-over-year sales in Calgary’s housing market have increased — an encouraging sign that the real estate industry is moving away from the winter and early spring doldrums.

MLS sales in May for both single-family homes and condominiums were higher than May 2008.

The last time single-family home sales were higher in a month compared with the previous year was in September 2008 while for condos it was April 2007.

Read Mario Toneguzzi’s full article “Year-over-year sales in Calgary’s housing market increased in May” in the Calgary Herald (June 1, 2009).

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