Calgary Real Estate Board releases March stats!

"Calgary's housing market enjoyed a healthy boost in March as homebuyers anticipate an earlier than expected rise in interest rates, according to figures released today by the Calgary Real Estate Board (CREB).

The number of single family homes sold in March 2010 in the city of Calgary was up 29 per cent from the same time a year ago, while condominium sales saw in increase of 37 per cent from the same  time a year ago.

"The spring market has come early to Calgary, " said Diane Scott, president of CREB.  "Improved economic conditions, better employment prospects, and an earlier than expected rise in mortgage rates are all contributing to this early boost in sales this year."

Deborah Scruggs

Deborah Scruggs

CENTURY 21 Bravo Realty
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