Found 2 blog entries for December 2015.
Dec. 1, 2015 – Persistently high inventory levels within Calgary real estate residential resale housing market, combined with weak sales activity, contributed to buyers' conditions in November.
Monthly sales totaled 1,263 units, a 28 per cent decline from last year and nearly 20 per cent below the 10-year average. The amount of new listings in the market increased by five per cent over last November, and moved five per cent above 10-year average. The combination of both soft sales and elevated listings caused months of supply to rise above four months. It represents the third consecutive month that housing supply in the city has remained near four months, which is an indicator that supports buyers’ conditions.
Calgary has continued to post job…