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Buyers’ Market Continues in Calgary Home sales in the city of Calgary increase month-over-month in September 2010

Posted by Arshad Rashed on Monday, October 4th, 2010 at 1:34pm.

Calgary, October 1, 2010 – Home sales in the city of Calgary were up month-over-month in September 2010, the first uptick in sales since April 2010. Year over- year sales continued to trend lower in the month of September, but at a pace slower than previous months, according to figures released today by the Calgary Real Estate Board (CREB ®).

The number of single family home sales in the month of September 2010 grew by 10 per cent at 958, compared with August 2010, when sales were 867. The number of condominium sales for the month of September 2010 was 366. This was an increase of 1 per cent from the 364 condominium transactions recorded in August 2010. Year-over-year, the number of single family homes sold in September 2010 in the city of Calgary were down 24 per cent. In September 2009, single family home sales totalled 1,257. Condominium sales saw a
decrease of 37 per cent from the same time a year ago. In September 2009, condominium sales were 580.

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