Calgary home sales hit new May record, new listings down: CREB

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Calgary home sales hit new May record, new listings down: CREB
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But Calgary\u0027s year\u002Dto\u002Ddate home sales are still almost 30% behind where they were last May. Find out more.

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The Albertan board says the sales amount to an almost two per cent increase from last May, when sales totalled 3,063.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

The board says it continues to see fewer new listings than last year, with the number of properties listed on the market last month dropping 15 per cent to 3,652. The market’s benchmark price was up almost three per cent at $557,000, while the average price pushed up roughly six per cent to $551,853.

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