`
Ann-Marie Lurie, Chief Economist at CREB®. “Inventory in lower price ranges continues to fall, limiting choices for affordable homes. It remains competitive, with over 40% of homes selling above list price.”
`
Inventory improved over last year, especially in higher price ranges, but remains 40% below long-term trends, still favoring sellers. Tight conditions led to further price gains, with the benchmark price rising to $608,000, nearly 9% higher than last year. Prices increased across all districts, with the most significant gains in the North East and East districts.
`
*data sourced from the CREB (Calgary Real Estate Board) monthly stats
Comments:
Post Your Comment: