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Verified community reviews, ratings & feedback about living in Calgary
Detached home sales in July fell by eight per cent, as the 15 per cent rise for homes priced above $600,000 was not enough to offset the 50 per cent decline occurring in the lower price ranges.
The decline in the lower price ranges reflects limited availability as inventories and new listings continue to fall for lower-priced homes. Year-to-date detached sales have eased by just over one per cent compared to last year.
With 1,098 sales and 1,721 new listings this month, inventories rose to 1,950 units. Inventories are still low based on historical levels, but the gain did help push the months of supply up to nearly two months and supports some stability in prices. The unadjusted benchmark price in July was $767,800, similar to last month but 11 per cent higher than last July.
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Common questions from people considering moving to Calgary
Calgary pre-construction developments such as condo, townhomes and detached homes available or coming soon in Calgary Calgary, Alberta. The prices for these developments range widely and the unit sizes also vary. Some developments have not yet released pricing details or begun accepting registrations. It is important to note that the completion dates, pricing, and deposit structure for these developments may be subject to change.
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