May 2021 Calgary Real Estate Market Statistics
Posted by Ken Richter on
Calgary, you keep surpassing all expectations! While some believed that the housing market would be one of the last to recover following the COVID-19 pandemic, in Calgary this has not been the case. Month after month in 2021 Calgary is reaching milestones not seen since before our oil market crash years ago. May hit a new record: 2989 sales! This is incredible new for buyers, sellers and investors.
Here are some of the highlights from the Calgary Real Estate Board's report:
- "There were 4,562 new listings, causing seasonally adjusted inventory levels to increase over last month."
- "The months of supply did trend up slightly this month to just over two months, but it was not enough to halt the upward pressure on prices."
- "The unadjusted…
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