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Calgary Real Estate Blog

Calgary Real Estate June 2015 Monthly Housing Statistics

Total Real Estate Sales for the month of June 2015 in CalgaryWith the Calgary energy and housing sectors performing better than anticipated, consumers are starting to take advantage of the lower lending rates and improved housing options in the area. In fact, the latest statistics show that that transaction levels for June are just five percent below the 10-year average and three percent over the levels achieved for the past five years.

According to a recent CREB report, a total of 2,813 units were sold within the Calgary market during the month of June. While this represent an 18 percent year-over-year decline for the month of June, it is still an improvement when looking at the five year average. While consumers were initially concerned by possible price declines within...