17.6% decline in Calgary home sales, but benchmark price rose 5.5% in September.

In September, Calgary experienced a 17.6% decline in home sales year-over-year, totaling 2,003 transactions, while the benchmark price rose 5.5% to $596,900. New listings hit a record 3,687, up 15.5%, largely due to higher-priced properties. Inventory increased by 49.7% to 5,064 units, though still below typical levels. The market is shifting toward balance but remains more favorable for sellers.

October 01, 2024
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