October 2024 Calgary Real Estate Statistics Recap

CREB® Chief Economist Ann-Marie Lurie noted, "Demand has remained relatively strong moving into the fourth quarter, with sales up from last month. However, activity could have been even stronger with more affordable options available. Although supply has improved over last year’s ultra-low levels, most of the gains are seen in higher-priced properties. As a result, market conditions are more balanced at the upper end, while seller's market conditions remain for lower to mid-priced properties." 

Over the past six months, an increase in new listings has supported inventory growth, with 4,966 units available in October—a significant rise from last year’s…

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