Home Prices are Rising Gradually in Calgary

According to the Statistics Canada, The city had the highest YOY (year-over-year) home price gains at 7.5% when they compared to the other cities, while the biggest drop in prices happened in Vancouver city with a 1.1% on a YOY basis. 2013 was the third consecutive year that Vancouver city experienced price declines in the Price Index.

The Calgary Real Estate Board is expected that the houses rates as well as houses sales continue to rise in the resale market in the year 2014. House prices are estimated to increase by 4.3 % next year and MLS sales are anticipated to rise by 3.6 % by comparing to the previous year. 2014 is the consecutive second year that had double-digit boosts in sales.

Published By: (Ideas Tap — Top Story) — Today — Read more…

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