As we approach the end of May, it looks like Calgary’s resale real estate market could be setting a couple of records.
According to the Calgary Real Estate Board, month-to-date until May 29, the average MLS sale price for a single-family home is $523,071, up 3.74 per cent from the same period a year ago.
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The residential real estate market in Calgary is having a healthy month so far in terms of sales and prices.
That too is what is being experienced in the towns outside of Calgary.
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As the month of May nears its end, Calgary’s resale condo market has seen a healthy upward movement in sales and prices.
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It’s interesting to see how the age-old dynamic of supply and demand is playing itself out in today’s Calgary real estate market.
When supply is down and demand is up, that’s going to impact prices and it’s also going to impact the length of time it takes to sell a property.
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May is turning out to be a very interesting month for Calgary’s housing market.
A month that could set price records once again.
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Calgary’s housing market has been blooming in May.
According to the Calgary Real Estate Board, month-to-date until May 25, total MLS sales in the city were 2,026, up 4.65 per cent from the same period a year ago.
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Three weeks into March and the residential MLS picture in Calgary is painting a picture of increased sales and prices.
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It’s early in the month but initial signs are showing that Calgary’s resale condo market is on an upswing in March.
Read more: http://tinyurl.com/ctutcad
If you are potential homebuyer these days in the Calgary market, you’ve probably noticed the number of properties listed for sale isn’t what it was like a year ago.
Numbers by the Calgary Real Estate Board on MLS listings certainly point that out.
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Calgary’s residential resale housing market is showing some strong signs of activity so far this month.
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