19.5% drop in Calgary home sales in August, with benchmark price rising 6.3% to $601,800.

In August, Calgary experienced a 19.5% drop in home sales, totaling 2,186 properties, according to the Calgary Real Estate Board. The benchmark property price rose by 6.3% to $601,800. New listings increased by 13%, reaching 3,536, while overall inventory surged 37.3% to 4,487 units. The decline in sales was particularly evident for homes priced below $600,000, amid rising prices and limited supply in that segment.

September 03, 2024
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