October 2021 Real Estate Stats
The stats for Octobers real estate market in Calgary have been compiled and released! This month we saw 2,186 total sales which ended up being a record high for the month and is trending over 35% higher than previous long term averages.
“Moving into the fourth quarter, the pace of housing demand continues to exceed expectations in the city,” said CREB® chief economist Ann-Marie Lurie. “Much of the persistent strength is likely related to improving confidence in future economic prospects, as well as a sense of urgency among consumers to take advantage of the low-lending-rate environment.”
Across the city we've seen significant October benchmark price increases for most zones throughout Calgary.
357 Views, 0 Comments