Soaring luxury home markets Calgary

Hermes kelly 22cm bag Calgary led the real estate market premium of Canada in almost all categories this year, according to a report released Tuesday by Sotheby 's International Realty Canada. " Calgary finished the summer with a strong finish and experts predict sales momentum is expected to continue in the fall, such as resale and rental inventory remains tight ," he said. "Strong employment and migration reflects the continued economic health of the city is the demand - it is estimated that for every 300 square feet of new office space created , a new person to the city of Calgary added . "The high number of jobs created -level executives still relatively affordable to buy , the demand for high-level real estate especially fuel to enjoy as newcomers to the property market in the city. Despite floods through the city experienced this summer, there are not have enough evidence to show a long-term impact on the housing market, especially in the high end. " According to the Calgary Real Estate Board , since the beginning up to and including Monday, there were 543 MLS sales in the city for $ 1 million or more , right on the all-time record 544 set for all of 2012. The pace of sales this year is ahead of last year sold to date , over 375 luxury apartments in the same period of the year. Hermes 40 bag The report of Sotheby's , who analyzed the largest metropolitan markets in Canada , said that the market will accelerate high-end properties in the case . In the first half of the year , sales increased by 65 per cent in Vancouver, Calgary, 67 percent , 61 percent and 29 percent of Toronto to Montreal in the category of single-family homes . " In reviewing the performance of the high- end market, we are confident that most major urban centers outstanding throughout Canada positions are positions in the autumn with healthy fundamentals of the market from coast to coast," said Ross McCredie , president and CEO Sotheby 's International Realty Canada. The influence of the international commission will continue to rise in Toronto , Montreal , Vancouver and Calgary, the report said. The largest investment of foreign influences are China, Russia , the Middle East, India and the United States. McCredie says it's a great confidence in Calgary and Alberta. " He puts a greater variety to see . This is not just about oil and gas. There are so many other emerging companies in this market," McCredie said. " There is a much larger customer base . Typically , Calgary, Alberta , in particular has really allowed an industry to be healthy or not healthy. Now I think people see how many Alberta . Hermes 35cm bag " Very rich people see real estate as a great hedge against inflation. "