An Altus Group report says new condominium sales in Calgary have jumped by 11.5 per cent so far this year compared with a year ago. The new report said sales reached 2,555 units between January and September compared with 2,292 for the same period a year ago.
It said 4,327 new condo units were under construction at the end of September, up from 4,263 a year ago but starts were down to 1,537 from 2,780 last year.
Completed but unabsorbed units at the end of September was 131 compared with 232 last year.
Read the report Here