Not a lot of change this month -- Still in a weak Sellers' Market overall
The Calgary city market still has low inventory and sales continue to keep prices up even with the higher mortgage interest rates now approaching historically normal rates. There are only 10 days left for foreign buyers to complete deals before the 2-year prohibition.
Single-family home inventory on our Calgary MLS® System broken down:
• detached homes:
1,104 Active + 183 Pending Sales = 1,287 Available Inventory
718 Sold in last 30 Days = 1.79 months of supply
• apartment condo homes:
679 Active + 113 Pending Sales = 792 Available Inventory
373 Sold in last 30 Days = 2.12 months of supply
• town homes:
256 Active + 71 Pending Sales = 327 Available Inventory
217 Sold in last 30 Days = 1.51 months of supply
• semi-detached homes (½ duplexes):
222 Active + 32 Pending Sales = 254 Available Inventory
98 Sold in last 30 Days = 2.59 months of supply
• Total Market:
2,254 Active + 399 Pending...
