April 2022 Calgary Real Estate Market Update

It has been such an exciting season of real estate with the market booming. With so much happening right now, it's important to stay updated and informed. This is a great market to jump into, but extra complex because of how fast-paced it is moving. If you're going to enter the market, you need to have all the facts and be as strategic as possible. This is where the Calgary Real Estate Board comes in. 

The Calgary Real Estate Board is a fantastic resource for learning market trends and projections. Each month they summarize what happened in the real estate market in the month previous, which we also highlight monthly here on our blog. These summaries are a great snapshot for everyone: buyers, sellers, and investors alike! 

You can read the Calgary Real Estate Board's full summary by clicking here. Here are some of the highlights from their report:

  • "With 3,401 sales, [sales in April were] still a gain of six per cent over last year and a record high for the month."
  • "With the sales-to-new listings ratio remaining above 74 per cent, there was not much of a shift in overall inventory levels."
  • "When comparing inventories today to what was available in 2014, we can see that detached homes comprise of a smaller share of the inventory levels especially for properties priced below $500,000."
  • "The Calgary market has seen the months of supply remain below two months... placing significant upward pressure on prices. The benchmark price in April reached $526,700."

Are you ready to make your move? Contact us directly at 403-630-6363 or email Ken@KenRichter.com. We would be so excited to partner with you and help you buy, sell, or invest!

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Posted by Ken Richter on


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