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Stories Tagged - Century 21 Bamber Realty Ltd
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May 25, 2021 | Josh Skapin
Market momentum: pandemic-related factors are increasing demand for $1-million-plus properties
The substantial growth seen in Calgary's detached resale market this year has been driven by the mid-range segment, but big-ticket listings are also bouncing back.
Between Jan. 1 and the end of April, 350 detached homes priced at $1 million or higher have changed hands in Calgary, according to CREB®. This represents a 289 per cent upswing from the 90 transactions that occurred over the same period a year ago.
Between Jan. 1 and the end of April, 350 detached homes priced at $1 million or higher have changed hands in Calgary, according to CREB®. This represents a 289 per cent upswing from the 90 transactions that occurred over the same period a year ago.