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

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. 

• Detached home sales increased in North East Calgary, North West Calgary, South Calgary, and South East Calgary. 

• 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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