Smaller Towns Top the Big City in Region's Home sales

Posted on May 4, 2013 by Patrick Hospes and Julie Matthewson

MLS residential sales activity in towns outside Calgary improved at a faster pace than the city in April.

The Calgary Real Estate Board’s statistics for the month indicate sales in towns outside the city increased by 12.24 per cent to 431 compared with a year ago.

Within city limits, sales were up 8.28 per cent to 2,381 for the month.

In April, the average sale price in the towns market increased by 2.89 per cent to $365,877 and the benchmark price, which tracks typical properties sold, was up 6.48 per cent to $339,900.

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