June 06, 2018 | CREBNow
A luxury market stats breakdown with CREB® chief economist Ann-Marie Lurie
CREB®Now: How do statistics for luxury homes fit into the overall housing market in Calgary?
Lurie: It's usually the media that defines what the luxury market is. What I see as luxury is different from everyone else. To me, this reflects properties that have sold for over $1 million, and these properties account for roughly four per cent of all our sales activity