Read all about it! Don’t miss the most important events in Calgary real estate news for the week of October 6 - 12, 2013. Compliments of the Calgary Home Team.
Calgary house price growth tops national average, Calgary Herald
Calgary's housing market continues to top the national average with an increase in repeat home sales, up 5.6% this past September compared to last year. Repeat home sales include all properties that have been sold at least two times.
A scarcity of inventory, paired with low interest rates are forcing buyers in the $700,000 and under range to think quickly, or risk losing out on a prospective home. In addition, the increased cost of renting in Calgary has converted many into home buyers.
As a result, houses are spending less…