October 2021: Market continues to favour the Seller
Residential sales totalled 2,186 in October, a record high for the month and over 35 per cent higher than longer-term averages. Year-to-date sales are on pace to hit new record highs and are currently 61 per cent higher than average activity recorded over the past five years and 42 per cent higher than 10-year averages.
“Moving into the fourth quarter, the pace of housing demand continues to exceed expectations in the city,” said CREB® chief economist Ann-Marie Lurie.
The following data is a comparison between October 2021 and October 2020 numbers, and is current as of November 2021.
Click here to view the full City of Calgary monthly stats package.
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