CALGARY - Home sales in Calgary in July rose compared with a year ago to a new record for the month.
The Calgary Real Estate Board says sales totalled 2,915 in June, up 65.3 per cent compared with a year ago.
However, sales were down from 2,985 in May.
The sales came as new listings in June totalled 4,135, up 23.6 per cent compared with a year ago and the second highest level for the month. New listings in May were 4,564.
The average price in June was $494,111, down from $510,978 in May, but up from $460,099 in June last year.
CREB chief economist Ann-Marie Lurie said through the early spring market, many buyers did not have a lot of choice, but the recent improvements in supply are providing more options.