'A sense of urgency among purchasers' keeps Calgary property sales strong: CREB

The Calgary Real Estate Board (CREB) says property sales in November were just shy of the record high for the month back set in 2005. According to CREB, Calgary saw 2,110 sales in November, driven by demand for all property types. “Lending rates are expected to increase next year, which has created a sense of urgency among purchasers who want to get into the housing market before rates rise,” CREB Chief Economist Ann-Marie Lurie said in a news release.“At the same time, su