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News
Dec. 04, 2012 | CREBNow
Calgary Regional Housing Market Statistics
CALGARY RESALE MARKET REMAINS IN BALANCE
Inventories continue to fall, but sales growth eases to keep market stable Calgary, December 3, 2012 – Residential sales in the City of Calgary have increased by 15 per cent on a year-to-date basis, and were up 8-per-cent in November compared to the same month in 2011.
Nearly eight consecutive months of double-digit, year-over-year sales growth has caused inventory levels to decline because new listings have not kept up. However, the ratio between sales and inventory indicates the market remains in balanced territory.
Inventories continue to fall, but sales growth eases to keep market stable Calgary, December 3, 2012 – Residential sales in the City of Calgary have increased by 15 per cent on a year-to-date basis, and were up 8-per-cent in November compared to the same month in 2011.
Nearly eight consecutive months of double-digit, year-over-year sales growth has caused inventory levels to decline because new listings have not kept up. However, the ratio between sales and inventory indicates the market remains in balanced territory.
News
Nov. 28, 2012 | CREBNow
Still Affordable
With strong economic growth expected to continue into 2013, some say Alberta's recent real estate market "renaissance" is just getting started.
"The Alberta housing market enjoyed an unusual mix of factors in the third quarter: firm and steady resale activity, balanced demand-supply conditions (if marginally tight), moderate home price increases, and attractive and improving affordability," said an RBC Housing Trends and Affordability report.
"The Alberta housing market enjoyed an unusual mix of factors in the third quarter: firm and steady resale activity, balanced demand-supply conditions (if marginally tight), moderate home price increases, and attractive and improving affordability," said an RBC Housing Trends and Affordability report.
