The 2013 Calgary housing market continues to flourish with Calgary houses leading the way. Single family homes are in short supply and retailers listing homes mainly under $500K are finding that their properties are selling rapidly and very close to their asking prices. The Calgary housing market with fewer inventory of single family homes for sale, has more buyers scanning condominiums in Calgary that are under $400K due to a lack of brand new single family homes in this price point. Calgary real estate figures for February this year show a 6% increase in apartment condominium prices to just about $253K with condominium townhouses close at 4.7% upsurge to $283K in 2012.

Calgary alberta real estate: Calgary houses have experienced a price alteration after the slump of 2007. Current pricing is showing revitalization even though condominium townhouses and apartments remain just about 14% below the crest from a few years ago. Meanwhile single family home prices went up 9% over February 2012 and up 1.3% over January 2013 with a standard price of $442.5K. The MLS listings in February 2013 showed $518,452 as the average price for Calgary real estate single family homes. This is over $80K from the January 2013 price of $437,769! There has been a $10.35 million record shattering sale at Aspen Woods. Ask any Calgary real estate agent and they will tell you that a tougher market situation continues to support the development in home prices.

The minute Calgary homes go up for sale buyers literally race to zero in and complete the sale, as less inventory in the market against demand speeds up the buying decision making process and closing of the sale per se. While there are no forecasts of a repeat explosion that Calgary's housing market witnessed in the recent past with excited sales, shortages in supply and vast growth in employment has brought about a certain trend predominantly in single family homes. With increase in prices, some purchasers are making their calculations and decide on even borrowing the down payment rather than waiting to save for it. Some Calgary real estate experts say that the numbers are being tilted by the greater than average sale of $1,000,000 plus homes. In February 2012, 42 homes sold in this premium category, whereas February 2013 saw 63 of these high-end homes being sold out.

Our economy is absolutely not where it was before the recession and there are still some risks but if Calgary real estate is a pointer, the housing market is pointing towards a consistent double digit growth going forward. Real estate surfing offers full real estate services and an informative web site that includes both Calgary Real Estate and investment tips, real estate links, as well as online home assessments and MLS search listings for Calgary real estate & Calgary Realtors and for home buyers and sellers alike in Calgary.

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