Strong gains in Calgary's condominium apartment and townhouse sectors sparked a 3.4 per cent year-over-year growth in residential resale housing sales activity for August.

A total of 2,267 units exchanged hands in the city during the month, compared to 2,192 during the same period in 2013. The condominium apartment and townhouse sectors saw the biggest gains, increasing by nearly 14 and 20 per cent, respectively, for total monthly sales of 790 units.

Residential sales for last month, highest ever recorded in Calgary

Calgary's residential housing market continued its upward surge last month with a record-setting May that saw a 16 per cent increase in sales.

A combined 2,948 single- and multi-family homes switched hands last month, compared with 2,535 in May 2013. This year's total represents the most sales in May in Calgary's history.