September 2017

Found 1 blog entry for September 2017.

September 2017 Calgary Area Market Summary   

With the summer months behind us we expect to see the Fall sales numbers to improve which should help balance the growing inventory levels. The listing inventory grew to 6,621 units at the end of August, where over half were attached and apartment style properties. The large amount of apartment style listings continues to have downward pressure on pricing as this sector is the only one that had a decrease in the Benchmark Price year over year of -3.09% ending at a price of $263,300. The attached and detached homes remained relatively balanced with slight increases to the benchmark price year over year with the attached homes coming in at $336,300 and detached at $510,900.

Interestingly, in August we

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