Priding itself on being "one of the fastest growing communities in Canada", the numbers coming out of Airdrie certainly don't do anything to dispel the assertion.

In keeping with the claim, the city's population grew by nearly six per cent in 2012, climbing to 45,711 residents and more than doubling Calgary's 2013 growth rate of 2.62 per cent.

With the release of CREB®'s monthly stats, Calgary's residential sales totaled 2,268 units in July, a 17 per cent increase over last year and a six per cent increase year-to-date.

CREB®'s Chief Economist Ann-Marie Lurie said recent flooding likely contributed to sales activity.