The headline of this month's market summary from the Calgary Real Estate Board? We are still in a seller's market!
Here are some of the highlights from their report:
- "Calgary’s housing market is showing few signs of letting up, as sales reached 2,915 units in June – a record high for the month."
- "New listings in June totalled 4,135, the second-highest level ever recorded for the month. This caused inventories to trend up to 6,918 units."
- "[Inventory] was balanced by strong sales and the months of supply remained relatively tight at 2.4 months."
- "The benchmark home price continued to trend up in June, but the monthly gain slowed to less than one per cent."
Calgary Real Estate Board Chief Economist Ann-Marie Lurie notes, "It is…