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Condo sales still sizzling in Calgary

New housing construction fell to its lowest level since the recession in February, the federal housing agency said.
AP Photo/Alan Diaz

Calgary condo sales in September came in higher than expected – leading the way for the city’s residential resale housing market.

There were 2,148 sales last month – a 12 per cent hike over the same period last year.

Apartment and townhouse sales led the September surge.

It’s the 5th consecutive month that year-over-year condo sales growth outpaced growth in the single-family sector.

Year-to-date condo sales total 3,829 – a 21 per cent increase over last year.

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