The Calgary Real Estate Board is reporting that both sales and average home prices are up when compared to statistics from a year ago.

According to the Board, there were 14,832 sales through September this year. This is up 7 per cent from the first three quarters in 2010.

The average price also rose to $419,632, up 2 per cent from the same time last year. Much of the price increase has been attributed to a jump in condo prices, which rose 5 per cent from a year earlier, reaching $284,028.

Isolated stats from September indicate that condo sales were up by 17 per cent with 429 sales while single family homes rose by 8 per cent with 1,036 sales.

“Calgary continues to add full-time jobs to the economy, and migration is moving in the right direction,” said Bob Jablonski, president of the Calgary Real Estate Board. “These are positive factors that will give momentum to our housing market and give wind to the sails of Calgary’s economy,” he explained.

Sounds like good news for Calgary with more good news surely on the horizon. Yeehaw!

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