Are Sales Numbers Returning to Normal? Calgary's housing market saw a much-needed boost in October compared to the same month a year before, according to numbers recently released by the Calgary Real Estate Board. There were 1,644 units sold citywide—marking a 16% increase over October 2015. The biggest jump came from sales of detached homes valued between $300,000 and $400,000.The move m ...

Coming off a month of stronger sales activity, November's housing market returned to previous trends. Year-over-year monthly sales totaled 1,227 units, which is nearly three per cent lower than last year and 17 per cent below long-term averages. "November was the first full month with CMHC's new lending rules in effect," said CREB® chief economist Ann-Marie Lurie. "As suspected, the ga ...