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A Brief Overview of April's Housing Market Activity in Calgary

Posted by John Mayberry on Tuesday, May 7th, 2019 at 2:59pm.

April’s housing stats are in from the Calgary Real Estate Board so we thought we’d provide a quick rundown. Below are a number of bullet points we thought were the most relevant: 

  • Detached home sales reached 930 and improved nearly 3 percent in April. 
  • Overall detached home sales are still down 5 percent year-to-date. 
  • Inventory remains unchanged and still sits at four months.
  • Apartment-style condo sales have reached 714, which is actually the lowest level we’ve seen to this point in a year since 2001. 
  • Despite sales being down compared to other years, inventory has fallen to 1,546 re-sale units, or roughly 16 percent lower than April 2018. 
  • Sales for attached properties improved in every district in Calgary except City Centre, North West Calgary, and West Calgary. 
  • Sales activity for attached properties improved for the second straight month compared to last year. Year-to-date sales are now at 1,113 units. 

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