403-478-5587

October 2014 numbers for Calgary from www.creb.com

Total Sales

New Listings

Active Listings

Days on Market

October 2015 numbers for Calgary from www.creb.com

Total Sales

New Listings

Active Listings

Days on Market

With a lot of uncertainty in the O&G market, the consumer confidence in the market is reflecting the housing market (as it usually does) based on the numbers our market is transitioning into a good market for buyers (buyers market)

You can see a bigger up kick in active listings at 21% from 2014 with sales dropping by 33% and average prices dropping by 6%. This can reflect numerous things, the luxury market is taking the biggest hit in our current economic situation, but as things continue we will see a much stronger market for buyers! With that said, it may not last long, we have a resilient market and a lot of great young talent in Calgary, although the market may dip a little more, the upswing could be right around the corner and this may be a great opportunity for first time buyers to get into the market and get their first home.

 

Pin It on Pinterest

Share This