Calgary home sales up 45% in December, year ends with record sales: real estate board
BNN Bloomberg
The Calgary Real Estate Board says December sales climbed by nearly 45 per cent year-over-year as 2021 ended with a record number of homes changing hands.
CALGARY -- The Calgary Real Estate Board says December sales climbed by nearly 45 per cent year-over-year as 2021 ended with a record number of homes changing hands.
The Albertan board says Calgary saw 1,737 homes sold last month, up from 1,199 during December 2020.
Last month's home sales brought the year-end total to 27,686, nearly 72 per cent higher than last year and more than 44 per cent higher than the 10-year average.
The average home price increased by 10 per cent last month to reach $477,977, while the average price across 2021 was $492,704.
New listings for December sat at 1,230, up almost five per cent from 1,172 a year ago.
