WHAT’S REALLY HAPPENING?…Most reports on real estate this year have been comparing it with 2010. Compared to 2010, the number of homes sold is up 8-9%. We are heading in the right direction. However, 2010 was the worst year for number of homes sold in more than 10 years. Taking the average of the last 10 years, 2011 will still be approximately 16% below the average, and will be the 2nd worst year in more than 10 years for number of homes sold. Calgary appears to be better off than most other places in the world, so hopefully numbers continue to rise.