(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).