Calgary Real Estate Report
The Calgary Real Estate Board’s (CREB®) February 2015 Calgary Regional Housing Market Statistics for the City of Calgary confirmed that there was a 34% drop in residential sales activity over February 2014.
City of Calgary Real Estate Statistics for February 2015:
Listings were up 9% - from 2,711 in February 2014 to 2,950.
Sales were down 34% - 1,217 units compared to 1,850 in February 2014.
Days on the market was 35 compared to 30 in February 2014.
Inventory levels rose to 5,474 units (covering all 3 housing types: detached, attached & apartment homes), up from 2,641 in February 2014.
This is still well below the record high level of over 6,900 units in February 2008.
Overall supply levels were 4.5…