Bev Marsh CIR Realty

APRIL MARKET STATS ARE OUT!

Sales in April rose by seven percent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 percent higher than long-term trends for the month. Much of the growth in sales has occurred for relatively more affordable, higher-density products.

Here’s a little breakdown:

- Last month's sales were 7.3% higher than a year before
- There were 11.5% more homes listed than the previous year
- The benchmark price for all home types was $603,700

Feel free to call if you have any questions!

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CREB® | Price growth persists in Calgary as seller's market prevails City of Calgary, May 1, 2024 – Sales in April rose by seven per cent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 per cent higher than long-term trends for the month. Much of the growth in sales has occurred for relativel...

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MARCH MARKET STATS ARE OUT!

“We have not seen March conditions this tight since 2006, which is also the last time we reported high levels of interprovincial migration and a months-of-supply below one month," said Ann-Marie Lurie, Chief Economist at CREB®.

Here’s a little breakdown:

- March sales were 9.9% higher than a year before.
- There were 4.3% fewer homes listed than the previous year.
- The benchmark price for all home types was $$597,600

Feel free to call if you have any questions!

For more information, visit:

CREB® | March reflects strong seller's market and price increases City of Calgary, April 1, 2024 – March sales rose to 2,664 units, a 10 per cent year-over-year gain and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March and not enough relative to sales to drive any c...