Luxury Home Market On A Roll – Feb. 6, 2013

January 2013 sales of homes priced over $1 million were just shy of the 2007 record according to this Herald article quoting the Calgary Real Estate Board’s recent report.  Unit sales were up more than 110% over January 2012, evidencing continued strength in Calgary’s resale market, but threatening to skew the average resale price and create unrealistic expectations among mid-priced sellers.   Read More…