Calgary Sales Statistics - May 2009

[RedlineBrett]

From CREB President Bonnie Wegerich

“We are seeing the first year-over-year gain in single family home sales since last September,” says Wegerich. “A pent up demand has been building—with many firsttime home buyers now taking advantage of affordable prices, record low interest rates and federal government housing incentives,”

And again

"“The gap between supply and demand at the end of last year was pushing prices down,” says Wegerich. “But since December we have
seen five consecutive months of increases in home sales, while our inventory continues to trend lower. The gap has narrowed and prices
are stabilizing.”

My experiences echo this - I have been very busy in the last month. I hope we see some quality listings enter the market with better news and continued consistency in prices and sales.

Overall Calgary Market
Citywide Sales Stats - last 24 months - Current to May 2009


NW LRT
Ranchlands Single Family Home May 09
Silver Springs Single Family Home May 09
Dalhousie Single Family Home May 09
Brentwood Single Family Home May 09
Varsity Single Family Home May 09

West LRT
Glendale Single Family Home May 09
Rosscarrock Single Family Home May 09
Shaganappi Single Family Home May 09
Westgate Single Family Home May 09
Spruce Cliff Single Family Home May 09