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.