Metro Calgary House Prices Surge in Spring

HIGHLIGHTS Calgary’s real estate market is the most “normal” market in Canada. The Calgary house market is a bit tight (to seller's advantage) and the Calgary condo markets is balanced. Last year Calgary house prices peaked in May and dropped for the subsequent 9 months. This year, Calgary house prices started rising in April but with 4,000 homes on the market going into the summer, sellers may begin offering price concessions to avoid the slow fall and winter market. Calgary condo prices have been dropping pretty consistently for years and there is still enough supply to allow for a lively negotiation.

Link to full report below.

Metro Calgary

Real Estate News and Forecasts

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