August 1-7, 2012 Calgary Real Estate Update

Single family home sales in August were off to their 2nd slowest start in 10 years and fell below year ago levels.   But only barely.

A total of 227 SFH sold in the first week of the month compared to 229 last August.   It’s important to note that new listings in August are down almost 20% y/y.

SFH Sales (click to enlarge image)

SFH Stats: August 1-7

A different story is developing for the condo market as sales so far this month are up 35% year-over-year with 111 units changing hands.  You can see the sales stats broken out into condo-apartments and condo-townhomes below:

Condo Apartment & Townhome Stats

Condo sales (click to enlarge image)


For more statistics please visit my website at:

FindCalgary

Questions? Ready to buy or sell real estate? I can be contacted at mike@findcalgary.com or 403-554-2284

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