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December 9, 2024
Calgary’s housing market is showing signs of improvement, with inventory levels rising from near-record lows in 2023. In October, sales reached 2,174 units, 24% above long-term averages for the month, though the year-over-year increase was modest at just 0.2%. Housing supply has also risen significantly, from 3,025 units in October 2023 to 4,966 units this year.
Despite stronger-than-expected demand, sales activity could have been higher if there were more affordable homes available. The market remains tight, with half of the inventory priced above $600,000, while the benchmark price is $592,500. With only 2.3 months of supply and a sales-to-new listings ratio of 67%, the market continues to favor sellers.
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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.
I acknowledge I can only access these forms as a ComFree customer under contract.
1. Purchase Your Package
2. We Ship Your ‘For Sale’ Sign
3. Book Your VR Tour
4. Complete Listing Input Forms
5. We Make Your Listing Live
6. Get Support 7 Days a Week
7. iSOLD!
These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.
I acknowledge I can only access these forms as a ComFree customer under contract.
These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.
I acknowledge I can only access these forms as a ComFree customer under contract.
1. Purchase Your Package
2. We Ship Your ‘For Sale’ Sign
3. Book Your VR Tour
4. Complete Listing Input Forms
5. We Make Your Listing Live
6. Get Support 7 Days a Week
7. iSOLD!
