Calgary Real Estate Board: Number of single family homes up 21 per cent from from July 2008 – down 14 per cent from previous month. Condo sales up 31 percent from July 2008 – down 5 per cent from previous month. Prices for single family homes down about 4 percent from last July.

(Source:
Calgary Herald)

Home sales in the city have fallen off over the past month, but activity remains above year-ago levels, according to the Calgary Real Estate Board. The number of single-family home sales was 1,585 in July, a 14 per cent decline from the previous month.

That was, however, an increase of 21 per cent from July 2008. Condominium sales also fell to 702 in July, a five per cent decrease from June. Compared to a year ago, sales were 31 per cent higher.
Bonnie Wegerich, president of the Calgary Real Estate Board, said the market is continuing to improve.

Read the full article by Lisa Schmidt “Calgary’s July home sales down from June, up from ’08” in the Calgary Herald (August 5, 2009).

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