Sept. 11, 2014 | Cody Stuart
Calgary's multi-family sector continues to surpass single-family growth
It's déjà vu for Calgary's condominium market, which is on pace to outperform the city's single-family homes sector in sales growth for the second consecutive year.
After the first eight months of the year, condominium apartment and townhouse sales have totaled 3,388 and 2,685 units respectively, representing a combined jump of nearly 20 per cent. Single-family sales, meanwhile, have increased by a more modest 6.9 per cent.