Market Update October 2015
Posted by Jeff Campbell on Friday, October 2nd, 2015 at 3:49pm.
Wondering what is really happening right now with Calgary's home prices?
Following four months of relative stability, unadjusted benchmark prices eased as expected in September to $456,100 a 0.26% decline compared with last year. Most of the price decline was due to the apartment sector brought on by higher-than-average inventory levels.
The detached benchmark price for September is $517,200 an increase of 0.23 % year-over-year. The apartment benchmark price is $290,600 a decrease of 2.71% and the attached benchmark price is $357,000 up 0.17%. Overall sales for the month totaled 1,448 units, compared with 2,141 during the same period last year.
Call Jeff Campbell 403-275-3331
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