Calgary Home Sale Statistics

-

 Creb: August 2 2022

Calgary Home

Detached home sales decline as apartment condominium sales rise

Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent lower than levels recorded last year. While this is the second month where sales activity has slowed, total residential sales this month are still amongst the strongest levels recorded in our market.

Rising lending rates are causing shifts within the market and, as a result, new listings for higher-priced product are on the rise relative to sales activity,” said CREB® Chief Economist Ann-Marie Lurie.

FULL REPORT


Popular posts from this blog

CONDO STATISTICS DECEMBER 2023- CREB

-
Image
  LATEST CREB CONDO NEWS - DECEMBER 1 2023 Apartment Condominium - CREB DEC 1 2023 Thanks to the relative affordability of the apartment-style homes, sales continued to reach record highs in November, contributing to year-to-date sales of 7,487. With one month left in the year, sales have already surpassed last year’s record high. This, in part, was possible thanks to the growth in new listings. While inventory levels are similar to levels reported last year, with less than two months of supply, conditions still favour the seller, placing further upward pressure on prices.  The unadjusted November benchmark price reached $320,100 in November, a monthly gain of over one per cent and a year-over-year increase of 18 per cent. Year-to-date price gains have occurred across every district in the city, with some of the largest gains arising in the lower-priced North East and East districts. ALL CALGARY CONDOS FOR SALE
Read more

Frequently Asked Questions - Calgary Real Estate

-
Image
Frequently Asked Questions - Calgary Real Estate  1)  What is today’s Real Estate Market Like? One of the big indicators that show the state of the market is the average days a property has been on the market. Another example which we show to the seller is the number of closed transactions year-over-year for any given month, average list prices, and the average sale prices . 2)  What steps do I need to prepare my home for selling? It is all about the first impression and always giving your home its best shot. Curb appeal before they reach the door is important, so make sure there is no outside mess, and in summer the grass is cut and shrubs pruned. Inside, remove all clutter, put what you don’t need away, and fix any small paint jobs. 4) What is my home worth? With market comparables, actives and solds in your area we present a CMA price range where the price of your home sits. Adjusted by upgrades, we arrive at the competitive price your home should be listed at. 5)...
Read more

Calgary Homes under $400,000

-
Image
CALGARY HOMES UNDER $400,000 - One of the most used search filters in Calgary with mortgage rates rising.  Use the search link for homes (not Including Condos) under $400,000 updated daily. If you are in the market for a Calgary Condo, use our specific link below or at the top of the homepage. Search Calgary Condos SEARCH ALL CALGARY HOMES UNDER $400,000
Read more