October 2018 Statistics
Posted by Ken Richter on
The October Calgary Real Estate Statistics Summary is officially available!
Here are some key points from this months statistics report:
- Inventory levels in Calgary are up, sales in Calgary are down. This continues to put downward pressure on prices.
- Citywide benchmark prices for October totaled $426,300, which is the fifth consecutive month there prices have been in decline.
- Benchmark prices now sit at 2.9 per cent below year-over-year averages.
- In October there were 7,345 properties on the market.
- In October there were 1,322 sales across the City of Calgary.
- Months of supply is now 5.6, well above levels typical of this time of the year.
- Lower price ranges are seen sales improvement
- High end price ranges have had…
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