The June 2020 Calgary real estate statistics summary was just released by the Calgary Real Estate Board, also commonly referred to as CREB. Here are some of the highlights from their report:
- "After three months where COVID-19 weighed heavily on the housing market, sales activity in June continued to trend up from the previous month, totalling 1,747 units."
- "monthly sales are nearly two per cent lower than activity recorded last year."
- Chief Economist Ann-Marie Lurie says, "recent price declines, easing mortgage rates and early easing of social restrictions are likely contributing to the better-than-expected sales this month. However, the market remains far from normal. Challenges, such as double-digit unemployment rates, will continue to