Real Estate Statistics September 2024
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September 2024 Calgary Real Estate Statistics Recap
In the start of October 2024, Calgary's real estate market saw a dip in sales, particularly in the lower price ranges. With 2,003 sales in September, the total was 17% below last year’s record but remained over 16% higher than the typical levels for September.
Chief Economist at CREB®, Ann-Marie Lurie, commented, "New listings are increasing, especially in higher price segments. Although demand remains strong across all price points, the limited availability of affordable homes may have prevented even stronger sales. While the lower-priced home market will likely continue to face challenges, the combination of improved supply and lower lending rates…
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July levels, but the first time they've surpassed 4,000 units in nearly two years. While most of the supply growth occurred in homes priced above $600,000, this rise has helped shift the market away from the extreme sellers’ market conditions experienced in the spring.
