🏡Calgary's housing market in November saw a rise in sales of detached, semi-detached, and row homes, which compensated for a drop in apartment condominium sales. The total sales for the month reached 1,797, matching last year’s figures and staying 20% above long-term averages for November.
🏡Inventory levels increased but remain below historical norms for the month. New home construction has contributed to supply in the rental, new home, and resale markets, but availability varies significantly depending on location, price, and property type.
🏡Although this creates a more balanced market that benefits buyers, many segments still favour sellers. The improved supply has slowed price growth, as demand shifts toward more affordable row houses and apartment units.
Give me a call or message if you would like to know what your home is worth in this changing market.
#calgaryrealestatemarket #calgaryhousing #calgaryrealestate
Data sourced from the CREB Calgary Real Estate Board
Looking for Community market stats, information, schools…
Southwest Calgary Communities
Southeast Calgary Communities
Central Calgary Communities
West Calgary Communities
Northwest Calgary Homes
Looking for a particular lifestyle:
Other Blogs:
Comments:
Post Your Comment: