As
of May 12, 2014, nearly 30 percent of real estate in Calgary had been
sold above their listing price. This trend was mostly a result of
local land development, and a shortage of properties for sale in the
province. Though the situation is likely to change in the near
future, it’s nonetheless amazing to see how these two factors,
current
events
and inventory,
can turn the Chestermere real estate industry into a seller’s
market in just a span of weeks.