Luxury home sales boom in Calgary
Posted Aug 25, 2011 3:09 pm.
This article is more than 5 years old.
A growing number of people in this city choose to live in the lap of luxury.
New numbers from the Calgary Real Estate Board show sales for upper-end homes are significantly higher this year.
The Calgary Herald reports 291 single-family homes over $1-million were sold as of Tuesday, compared with 234 by this time last year.
Eighteen condos were sold in the upper-end bracket, compared with 11 in 2010.
The most expensive single-family home sold for $3.995-million in Elbow Park, while the costliest condo was $4.1-million in Eau Claire.