Blog by Daren Gull, Realtor

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Calgary Luxury Homes Sales On The Rise

Luxury home sales are always a good sign of the economy.

And judging by the upper-end real estate market in Calgary, the local economy is doing well.

Year-to-date sales in the high-end market are up from a year ago.

So far this year from January to September, there have been 382 single-family homes and 25 condos that have sold for more than $1 million in Calgary.

Year-to-date in 2011, there were 338 single-family sales and 22 condo sales.

The year-to-date numbers in the luxury market this year are the highest level since at least the last five years.