GALLERY: Luxury home sales in Calgary skyrocket
CALGARY- It seems Calgarians have money to burn, as luxury home sales in the city continue to skyrocket.
New numbers from RE/MAX show a staggering 50 per cent increase in the number of homes listed for $1 million or more changing hands from January 1 to March 31, compared to the same period in 2012.
172 have been sold so far, made up of 150 detached houses and 22 condos. That’s compared with 115 in 2012 and only 35 in 2009—during the recession.
“Activity in the luxury segment is quite Read more [...]