Well Calgary has had a great year in terms of real estate sales and price increases. The median single family price ranged from as low as $395,000 in January 2012 to a high of $435,900 in May.
We ended the year with a median price of $420,000. Apartment Condo median prices ranged from $220,000 in January to $260,000 December. Townhouses went from $277,000 in January to $295,000 in October.
As you can see single family did well in the first half of the year and apartments and townhouses did well in the last half. Most likely due to changes in CMHC amortization from 30 year max to 25. Thus putting single family homes out of reach for some and resulting in greater demand for cheaper homes.
Currently we have under 3000 active listings for all of Calgary in all catagories.
