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Tagged : Royal LePage Calgary

Found 1 blog entry tagged as "Royal LePage Calgary".

 

Calgary Home Sales Continue to Show Strength

(April 15 2017): Calgary home sales continue to show strength in mid-April, outpacing 2016 sales by almost 20%. The detached home sector, which accounts for 2/3's of Calgary's overall sales, bottomed out last year and prices are on track to rise 2 - 3% this year. It's not the 30% increase that Toronto home owners are seeing, but Calgarians will take it.

Sales of detached homes to mid-April are 19% higher than 2016 as the correction continues to take strength. The listing inventory is 24% below last years levels. In some price points, demand has caused the number listings to fall below balance and into a seller's market. Homes priced under $500,000 have only 1.5 months of inventory, meaning half of

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