Calgary Housing Market Remains Hot

Posted on February 15, 2014 by Patrick Hospes

Calgary’s sizzling resale housing market is showing no signs of cooling as the city recorded the highest year-over-year hike in prices across the country in January - and early indications show February is experiencing a continued escalation in what it costs to buy a home.

The Canadian Real Estate Association released its monthly MLS data on Friday and listed Calgary as the top center in the country for annual growth in the MLS Home Price Index at 8.98 per cent. Nationally, prices, in the 11 centres surveyed, up by 4.83 per cent.

A realtor with RE/MAX said the city’s housing market has started 2014 with a bang. The market has not slowed down at all from the healthy pace it set in 2013.

Comments:

No comments

Post Your Comment:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.