Blog Entries Tagged: Calgary Real Estate Market
Found 2 blog entries tagged as Calgary Real Estate Market.

The Calgary Board of Real Estate notes in their January report, "as oversupply continues in Calgary’s housing market, December prices eased by one per cent compared to last month and are over three per cent below last December." This summary of what happened in the final month of 2018 paints a bleak picture of December, which hopefully ended a difficult year in the real estate; though still better than others. Our hopes are that we see even more improvement in 2019!

Here are the highlights from their statistics summary: 

  • December sales totalled 794 units. This is a 21% decline compared to December of 2017. 
  • Year-to-date sales in the city totalled 16,144 units. This is 20% below long-term averages and about 14% less than in 2017.

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Every month we post a summary of what happened in the Calgary real estate market in the month previous. These housing statistics come from CREB®, the Calgary Real Estate Board. CREB® is dedicated to providing sellers, buyers, investors and renters information they need to be successful in the real estate market. Just like us, their mission is to equip and inform consumers.

There is a reason why reading through the market summaries are important. When you are entering the market you need to know what you are getting yourself into. Being informed allows you to make wise, calculated decisions that will benefit you. Remember that the market is always changing; be flexible and stay on top of things.

The Calgary Real Estate Board is a great resource, but…

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