August 2021 Calgary Real Estate Statistics Recap
The Calgary market continues to trend towards being more balanced after a major kick off at the beginning of the year.
Year over year trends are seeing major increases in areas like sales, new listings, and prices (across the board for all property types) it is important to note that we're coming off a COVID 2020 real estate year which did bring the market to a bit of pause for many buyers and sellers, this pent up demand has translated into a hot market for 2021.
“Sales have far exceeded expectations throughout most of the pandemic, driven mostly by demand for detached homes. At the same time, supply could not keep pace and conditions shifted to favor the seller, something that has not happened…
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