Calgary Real Estate Statistics
Posted by Ken Richter on
CREB®, the Calgary Real Estate Board, did not have the best news to share during October's market statistics summary.
October’s housing market conditions closely echoed previous month’s trends with easing sales, rising inventories and downward price pressure. Like last month, the monthly activity was not enough to derail gains that occurred earlier in the year.
So what exactly were the stats? Here are some highlights to know:
- October Sales: 1,467 units
- Inventory: 6,463 units
- Most Inventory: Detached homes under $500,000
- City-wide Unadjusted Benchmark Price: $438,900 (this is 0.6 % below last month)
CREB® chief economist Ann-Marie Lurie says, "while economic activity has improved in 2017, it will take some time for this to…
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