Annual residential sales in Alberta were up in 2009 from 2008 levels, bolstered by a stronger performance in the second half of the year.
According to statistics provided by real estate boards in Alberta, home sales numbered 3,042 units in December 2009, an increase of 62 per cent from the same month in 2008. Current sales are on par with the month in 2007, but remain below activity in the peak years from 2004 to 2006. Nationally, home sales jumped 72 per cent from one year earlier.
Calgary [neighbourhoods]contributed most to the provincial increase in monthly activity, with a gain of 77 per cent from one year earlier. Sales activity in Edmonton saw an increase of 56 per cent from December 2008.
Read the full release “Annual sales activity in 2009 tops previous year” in CREA Stats (January 25, 2010).