February 2024 Calgary Real Estate Market Update
Posted by Ken Richter on
Here are the highlights from The Calgary Real Estate Board's market report for February 2024, which you can read in full by clicking here:
- "New listings continued to rise in February, reaching 2,711 units" (The Calgary Real Estate Board).
- "[Sales] increased by nearly 23 per cent compared to last year for a total of 2,135 units" (The Calgary Real Estate Board).
- "Low supply and higher sales caused the months of supply to fall to just over one month, nearly as tight as levels seen during the spring of last year" (The Calgary Real Estate Board).
- " The unadjusted detached benchmark price was $585,000" (The Calgary Real Estate Board).
- "[The] East district is experiencing the highest year-over-year price growth at 25 per cent, while the...…
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