July 2022 Market Update
Posted by Jared Chamberlain on
July 2022 Market Update
As Calgary heats up and as we enter the middle of summer, the market has in some ways slowed down but in other ways is continuing on its path.
With inventory still sitting around 5,300 units on the market, we still see many parts of Calgary still flirting with a seller's market. While detached and semi-detached properties have seen a decrease in sales compared to last year, which isn't a big surprise given the hot spring market we just had, condos and townhouses have increased activity compared to 2021.
Moving forward into the fall, we expect prices not to drop dramatically, as you hear in the newspapers when talking about the Canadian real estate market. We continue to see buyers from out of town having great interest in…
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