Not much change over the past week. Attractive listings are still in demand and are selling fast. While other parts of the country such as Vancouver are finally starting their correction, Calgary’s sales and prices are the highest we’ve seen in five years.
New listings are showing signs of increasing, but inventory is still down substantially from where it usually is at this time of year. Sales are on track to be the best month in five years.
Posted in Calgary SFH, Graph: Sales vs inventory, Market update
We’ve seen four consecutive months of higher sales and reduced inventory. What will the consequences be? Continue reading
Posted in Graph: Sales vs inventory
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