CALGARY– The Calgary Real Estate Board claims October home sales were primarily level compared to in 2015’s degrees, however continued to be around one-quarter more than lasting fads for the month.
The board claims 2,174 homes altered hands last month, which was 0.2 percent more than October 2023, as sales gains for homes valued over $600,000 countered decreases at the reduced end of the marketplace. On a month-over-month basis, home sales were up 8.6 percent from September degrees.
The benchmark rate throughout all home kinds was $592,500 for October, around 0.7 percent less than the previous month however 4.5 percent more than October 2023.
There were 3,264 brand-new listings on the marketplace last month, 21.6 percent greater than a year previously.
Ann-Marie Lurie, primary economic expert at CREB, claims real estate need has actually remained reasonably solid in the marketplace, however there most likely would have been a lot more task if even more supply selections existed for lower-priced homes.
The board claims October stock degrees stood at 4,966 systems, a 55 percent gain from in 2015 as virtually fifty percent of that was valued over $600,000.
This record by The Canadian Press was initial releasedNov 1, 2024.
The Canadian Press
