The board says the benchmark price across all home types was $606,700 for July, similar to last month and nearly eight per cent higher than last year.
WATCH ABOVE: Ann-Marie Laurie with the Calgary Real Estate Board joins Global News to discuss the current conditions in Calgary’s housing market. – Jun 4, 2024
The Calgary Real Estate Board says July home sales dropped 10 per cent year-over-year as 2,380 properties were sold. Ann-Marie Lurie, chief economist at CREB, says while the Calgary market struggles with supply of lower-priced homes, more options in both the new and resale markets have helped dampen the pace of home price growth.Liberal plan for 30-year mortgage amortizations kicks in. Here’s who qualifiesShe says the results are in line with expectations for the second half of the year and if inventory continues to rise, it will result in more stable home prices.
For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. CREB says while the highest supply growth was seen for homes priced above $600,000, the rise has helped shift away from the extreme sellers’ market seen in the spring.Capital gains changes will bring in billions — but less than Ottawa expects: PBO
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Calgary home sales decline 10% in July from last year, prices rise: boardCALGARY — The Calgary Real Estate Board says July home sales dropped 10 per cent year-over-year as 2,380 properties were sold.
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Calgary home sales decline 10% in July from last year, prices rise: boardThe Calgary Real Estate Board says July home sales dropped 10 per cent year-over-year as 2,380 properties were sold.
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Calgary home sales decline 10% in July from last year, prices rise: boardThe Calgary Real Estate Board says July home sales dropped 10 per cent year-over-year as 2,380 properties were sold.
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