It was a record setting year for the Calgary's real estate market, with benchmark price gains above 9%.
The single-family benchmark price for December is $510,900 a 8.2% increase year over year. The Condominium apartment benchmark price is $300,300 a 7.79% increase. The townhouse benchmark price is $337,300 a 8.25% increase. Overall sales for the month totaled 1427 units, compared with 1,497 during the same period last year down 4.68%.
With more availability in the market, benchmark prices continued to level off in December. However, annual average benchmark gains remained above 9% and similar to November.
Call Jeff Campbell 403-275-3331