Wednesday, July 24, 2024 / by Chris Matlashewski
2nd Qtr Stats for Calgary and Area Residential Market
New listings may be on the rise. With much of those homes occurring in the upper price ranges of each property type. While we are seeing an uptick in listings, the market continues to favor sellers. The challenge is, that there are less affordable homes, to stimulates home sales in the higher $$$ range of real estate. Demand continues to be fueled by positive migration, due to jobs and affordability. Home prices have risen on average, 10%. This year, with row houses leading the way at nineteen percent. Calgary continues to be the hotspot in Canada's residential market. Well, outer lying, cities and towns like Airdrie, Chestermere, Okotoks, and Cochrane play a strong supporting role. We also provide a snapshot for Canmore.
Click link to watch video
https://youtu.be/aKjDisVba30
Click link to watch video
https://youtu.be/aKjDisVba30