Tost Realty GroupText or Call(403) 264-7653

Calgary Real Estate by Tost Realty Group

Where to dine in Calgary during the Holidays

Seasons eatings to all!

Calgary Real Estate Statistics for November 2019

Calgary housing market continues to favour the buyer 

So far this year, residential sales year-to-date in Calgary remains just above levels last year due to increases in the attached sector.

Nevertheless, sales activity in November decreased over levels last year, chiefly due to pullbacks in the apartment sector.

While new listings eased relative to sales, causing inventories to ease and oversupply to reduced slightly compared to levels last year.

“Achieving more stable conditions will take time. Sales activity has been settling in at lower levels and is likely being influenced by the economic conditions and uncertainty weighing on our market,” said CREB® chief economist Ann-Marie Lurie.

“While the amount of supply in the market continues to ease, the persistent oversupply continues to weigh on prices.”

Citywide, as of November, the unadjusted benchmark price was $419,100....