Calgary home sales month-to-date are up over 28% year-over-year. Last August’s month-end sales total was 1,722 – and that figure was surpassed back on Monday.
That means the 28% spread from last August will only grow over the next few days and will be the largest y/y increase in 2013. (Edit: my calculation mistake. The 28% was a y/y MTD comparison, not a month-end to MTD comparison, so it may or may not increase)
It’s interesting to note that August 2012 was up 9.75% y/y from August 2011 which was a 28.29% jump from August 2010. Sales are still on pace for the highest August level since 2005.
You can view month-to-date prices in the chart below, and check back next week for the official month-end report.