Reported this morning by the Calgary Herald, luxury homes sales in the Calgary area have increased in the first quarter of 2010. 67 upper-end properties valued at more than $1 million were sold in the first quarter of this year compared with 35 during the same period a year ago. Full article here. More Canadians plan to buy homes 03/09/2010
As reported in Tuesday's Montreal Gazette, more Canadians plan to buy homes in the next 2 years. The strength of the Canadian housing market relative to worldwide markets has increased confidence in real estate. The Calgary Herald this morning reports (via Re/Max) that Calgary home prices are forecast to rise 5% in 2010... read the full article here. The article goes on to say that Re/Max is estimating MLS sales to hit 26,000 this year in Calgary for a 12 per cent gain from 2008 and it is expecting sales to continue to rise by another eight per cent in 2010 to 28,000 |
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