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Market Update January 2015

Posted by Arshad Rashed on Tuesday, January 6th, 2015 at 4:12pm.

It was a record setting year for the Calgary's real estate market, with benchmark price gains above 9%.

The single-family benchmark price for December is $510,900 a 8.2% increase year over year. The Condominium apartment benchmark price is $300,300 a 7.79% increase. The townhouse benchmark price is $337,300 a 8.25% increase. Overall sales for the month totaled 1427 units, compared with 1,497 during the same period last year down 4.68%.

With more availability in the market, benchmark prices continued to level off in December. However, annual average benchmark gains remained above 9% and similar to November.

Call Jeff Campbell 403-275-3331



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