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Calgary's home sales ticked up in November, with prices rising despite a surge in inventory.
Calgary's November home sales saw a 0.8% increase to 1,797 homes, mostly due to more detached, semi-detached, and row homes.
The benchmark price rose 3.5% to $587,900.
Despite a 45% rise in inventory to 4,352 units, condominium sales decreased.
Ann-Marie Lurie, CREB's chief economist, credits new construction for boosting supply, though improvements vary by location, price, and property type.
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Las ventas en casa de Calgary aumentaron en noviembre, con los precios subiendo a pesar de un aumento en el inventario.