Calgary Real Estate Market – November 2021
This graph shows the way residential prices change in opposition to “months of supply”. At present Months of Supply is at the lowest level that it has been in years, and so, it is not a surprise to see that prices are going up. This is a general chart for all property types and all locations of Calgary. The condominium market continues to lag the single family market and some areas of Calgary are doing much better than others. This shows the importance of doing a detailed analysis of a particular property for specific valuations.
Merry Christmas everyone!
Best Wishes for the New Year.