Housing Inventory in Calgary on the Rise?
The housing inventory is up in Calgary, with the availability of certain types of homes setting a new record for the month of September. The news comes from a newly released monthly report, courtesy of the Calgary Real Estate Board.
According to the report, attached homes and apartments rose to the highest inventory levels ever for the month of September, though single-family properties also saw growth in inventory.
According to the CREB, inventories hit 6,861 units for the month, with new listings during September rising about 10-percent, when looking at year over year. Some exerts credit the new listings to sellers who had previously held off on listing their homes while waiting for the market to begin signs of stabilization.
While sales did see a slight dip in September from the previous September, the pacing is actually ahead of the same time last year when looking at year-to-date through the month of September.
In the market for a new home or condo? Start browsing Calgary homes for sale now, or call us today for help with your Calgary area home or condo search!