September 2022 Latest Update of Calgary Real Estate Market
The most important piece of News related to Calgary Real Estate Market Update, October 2022
Everyone is discussing it:
1.) The interest rates are rising.
2.) The total sales are declining.
3.) The trend of prices is downwards
Don’t be swayed by all you hear. It’s not falling and many positive things are taking place in the Calgary real estate market.
Sellers who are focused on what they are able to manage (Pricing right and preparing prior to making their debut in the marketplace) remain selling home and are ahead by 10.73 percent by 2021.
Buyers can now inspect or shop, then negotiate to find what they would like. Numerous offers are still being offered, however, you don’t have to be a loser and have to meet the right conditions to buy home with good price, especially when you are a first time home buyers!
If you’re looking to sell or buy a home, Real Estates Calgary are here for you and providing excellent real estate services to their clients!
Detached Homes Up 12.89 Percent
Semi-Detached Home – Up 10.5 percent
Townhouses are Up 15.14 percent
Condos – Up 10.7%
Total Inventory – down 20.78 percent
New Listings – down 9.7 percent