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First quarter data compiled by Urban Analytics show the overall new condominium market in Calgary continued with sluggish sales after a similar performance in the final part of 2018.

Only 628 units sold between Jan. 1 and March 31 in the city, down from 831 units in the final quarter of 2018.

While sales for the last three months of the year were higher than previous quarters in 2018, they were still well below 2017’s fourth quarter of 928.

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Yet signs of renewed life are cropping up in the marketplace, says Jayne McKay, senior market analyst with Urban Analytics.

“The concrete condominium sector is a bright spot,” she says. “We did see an increase in activity in the first quarter of 2019 compared with last year.”

It was a modest increase compared to the end of the year, with one more sale in the first three months of 2019 compared to the last three in 2018.

In Q1 of this year, 75 concrete units sold. By comparison, 99 sold in the first quarter of last year.