The Nash Group

DECEMBER MARKET STATS ARE OUT!

“Population gains over the past several years have supported sales activity that has outperformed long-term trends. In 2024, sales would likely have been higher if there was more supply choice, especially in the lower price ranges,” said Ann-Marie Lurie, Chief Economist at CREB®. “That being said, we did start to see shifts occurring in the market in the second half of the year as supply levels started to improve for higher priced homes.”

Here’s a little breakdown:

- Last month's sales were 2.9% lower than a year before.
- There were 0.7% fewer homes listed than the previous year.
- The benchmark price for all home types was $583,300.

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CREB® | 2024 marks another strong year for sales and price growth Calgary, Alberta, January 2, 2025 – The year ended with 1,322 sales in December, a three per cent decline over last year, but nearly 20 per cent higher than long-term trends. Overall sales in 2024 were just shy of last year’s levels, as gains for higher-priced homes offset pullbacks in the lower...