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…

2446 Views, 0 Comments