From CREA website:
Residential sales activity reported through the MLS® Systems of real estate boards in Alberta numbered 4,699 units in November 2014, rising three per cent from a year earlier. This was the best November in eight years and the third highest on record for the month.Nationally, home sales activity was up 2.7 per cent from year-ago levels in November 2014.
On a year-to-date basis home sales activity in the province (68,706 units sold) was running 9.2 per cent ahead of levels from the same time last year. This marked the second best year-to-date figure on record, standing just 1.8 per cent behind the all-time record set in 2006.
The provincial average price for homes sold in November 2014 was $407,071, an increase of 5.7 per cent from November 2013. This was the second highest average price on record. The national average price, by comparison, rose 5.7 per cent on a year-over-year basis to $413,649.
Monthly residential average prices were up from year-ago levels in South Central Alberta (+14.5 per cent), Lethbridge (+12.0 per cent), Edmonton board (+10.6 per cent), Lloydminster (+9.8 per cent), Medicine Hat (+8.9 per cent), Grande Prairie (+8.4 per cent), Fort McMurray (+7.2 per cent), and Calgary (+3.8 per cent). Average prices declined on a year-over-year basis in Alberta West (-0.2 per cent) and Central Alberta (-0.7 per cent).
New listings on the MLS® Systems of real estate boards in Alberta numbered 6,005 units in November, an increase of 6.7 per cent from a year earlier. Active residential listings numbered 18,452 units at the end of November, edging up 1.3 per cent from one year earlier.
There were 3.9 months of inventory at the end of November 2014, little changed from 4.0 months at the same time one year ago and below the long-run average for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
The value of all home sales in the province totaled $1.9 billion in November 2014, up 8.8 per cent from November 2013 and a record for the month. The dollar volume of all home sales in Canada was up 8.5 per cent on a year-over-year basis.
Sales of all property types in Alberta numbered 4,998 units in November, up 1.3 per cent from November 2013. The value of those sales amounted to $2.1 billion, rising 4.9 per cent from a year earlier.
A total of 2,292 home sales were recorded through the MLS® System of the Calgary Real Estate Board in November, rising 5.5 per cent from a year earlier. The combined value of home sales activity in Calgary was $1.1 billion, a 9.5 per cent increase from year-ago levels.