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Thursday, November 28, 2013

Record year for Luxury Real Estate in Calgary

This week the Gelderman.ca Real Estate team set a record for the highest non-acreage home sale in Abbotsford, B.C.; breaking the previous record by over a million dollars.

We aren't the only ones breaking records - according to the Calgary Herald, 2013 has been a record year in upper-end residential real estate in Calgary and the surrounding area.

Gelderman.ca real estate blog - luxury real estate fraser valley and calgary


There have been over 680 MLS sales of homes $1 Million or more, and that is only up to November 26th. 2012 had set a record as well - and that was only 544 homes.

Every month this year so far, except January, has set a new record in the luxury home market in Calgary.

Individual home sale records have been broken as well. The highest priced residential sale ever in Calgary sold this year at $11.1 Million. Canmore also set a record, a single-family home sold for $3.75 Million earlier this year.

A booming economy in Calgary is sparking their housing market to new heights - especially in the high end homes.

Check out the entire article in the Calgary Herald at:
http://www.calgaryherald.com/business/Luxury+homes+continue+sell+well+Calgary+area/9220319/story.html

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