Calgary's Housing Market Recovery Driven by Single Family Home Sales

 

Calgary’s NW sector boasted the largest gains in single family homes
sales in the first quarter

 

According to figures released by CREB®, Calgary Metro sales remained at levels similar to the first quarter of 2010.  Improved sales in the single family market have largely been offset by declining sales in the condominium market, indicating that the gradual recovery will continue to
be driven by the single family market for the better portion of the year.