November Real Estate Market recorded 1,648 sales due to overall slower sales activity, 21.8% less than last year. However, this year is on track for a record year for Calgary Real Estate 🙌🏻. Here are key takeaways👇
🏡 Detached Home Benchmark Price is $619,700. 10.6% increase 📈 from Nov 2021.
🏫Condo Benchmark Price is $277,000. 10% increase 📈from Nov 2021
🔹“Easing sales have been driven mostly by declines in the detached sector of the market.”
🔹 More putting home buying plans on hold due to limited choices on the market and higher lending rates
🔹2766 units in Total, 1410 Single Detached Homes as of Dec 1, 2022.
Source: CREB
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Jessica Chan Real Estate & Management Inc.
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403-241-9800
📧jessica@jessicachan.ca
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