Blogs

Set to hit the country's largest real estate market, this year could see the micro condo taking off.

With more single people wanting homes and higher prices making some Canadian cities unaffordable for single and low income households, smaller homes may prove to be the solution.

Vancouver hit a new record for high end sales in 2014.

A new record was set for condos and townhouses in Calgary for 2014.

According to the Calgary Real Estate Board, latest figures show an 18 percent year-over-year rise in sales of condos with 17 percent for townhouses. Monthly figures for December showed declines across all sectors; not unusual for the end of the year. Single family sales totaled 708 units in December, a year-over-year decline of 8.3 percent. Meanwhile, total condominium sales also declined by six percent over the same time frame, but overall activity remained consistent with long-term averages.