April 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 April 2024, which you can read in full by clicking here:
- "Sales in April rose by seven per cent compared to last year, to 2,881 units" (Calgary Real Estate Board).
- "Much of the growth in sales has occurred for relatively more affordable, higher-density products" (Calgary Real Estate Board).
- "there were 3,491 new listings in April, an 11 per cent gain over last year but only three per cent higher than long-term trends" (Calgary Real Estate Board).
- "[With] months of supply of less than one month, conditions continue to favour the seller, driving further price gains in the market" (Calgary Real Estate Board).
- "The unadjusted total residential benchmark price…
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