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October 2015

Found 1 blog entry for October 2015.

Calgary real estate, October 2015 - Following four months of relative stability, unadjusted benchmark prices eased as expected in September to $456,100, a 0.26 per cent decline compared with last year. Most of this aggregate moderation was due to price declines in the apartment sector brought on by higher-than-average inventory levels. Overall sales activity relative to new listings caused a softening in absorption rates, which resulted in inventory gains and ultimately placed moderate downward pressure on pricing. Calgary homes for sales in the city totaled 1,448 units in September, well below typical activity levels for this time of year.

Year-to-date Calgary homes sales remained below both the five- and 10-year year averages by a respective 10 and

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Re/Max, CREB Certified Condominium Specialist