The Calgary Real Estate Board shows an increase in the average home price of 7% over last year, sitting at just around $464,000. The number of single family home sales in Calgary was up by 63%, with 1100 units changing hands in a recent month. About 500 condos moved as well, averaging around $294,000 each.
BEST PLACE TO SHOOT POOL Minneapolis 2007 - Brunswick's (at Grandma's Saloon) - CLOSED
Sharing a very long border with the U.S., as well as a number of governmental housing impetus goals, Canada's market is however definitely evolving differently that in the U.S. Perhaps it's more of a postponement of the inevitable, but there are arguments both ways about the health of the Canadian real estate markets and the economy as a whole. There is an abundance of good news: