Real Estate Statistics October 2024
Posted by REPYYC ® on
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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comes to condominiums, even seasoned professionals might miss critical details present in condo documents. This is where condo review specialists come into play, functioning as the equivalent of a home inspector for resale homes. Their role is pivotal in preventing unexpected future expenses, potential increases in condo fees, or, worst-case scenario, hefty special assessment notices for unforeseen costs not initially covered in the condo documents.
hether you're a seasoned investor, a first-time buyer, or someone considering selling your home, these statistics offer invaluable insights into the current market trends.
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