Calgary Inner City Blog

Calgary Real Estate Update for June 2016

Here’s a quick Calgary real estate update for May 2016;

  • Total residential inventories increased across each district. However, detached inventory levels are trending down in the city centre, west and east area of the city.
  • Year-to-date detached sales declined by 7%.The decrease was caused by slower sales in the North East, North, South and South East areas of the city.
  • Year-to-date apartment sales totaled 1,101 a 20% decline from last year. Unlike the detached, semi-detached and row sectors,each district recorded a pullback in apartment sales.
  • Year-to-date, city centre benchmark prices have recorded some of the steepest declines across the city for detached, semi-detached, row and apartment style product.

YYC-Social-May-2016

Please contact us if you would like a more detailed community summary or an in depth look into the statistics.

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Jun 3, 2016
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