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Calgary housing market tops in Canada for sales growth

Posted on 16 November 2012

Calgary’s resale housing market had the highest annual rate of sales growth in the country in October, according to the Canadian Real Estate Association. In releasing its monthly MLS data on Thursday, the association said sales in Calgary rose by 26.7 per cent to 2,104 transactions.
Nationally, sales dipped by 0.8 per cent to 35,971. Robert Kavcic, economist with BMO Capital Markets, said “strong population and income growth are supporting demand” in Calgary………………………………………..Full Article: Source

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