Calgary Real Estate Market Report for March 2020

Posted by Jared Chamberlain on Monday, March 2nd, 2020 at 3:51pm.

Real Estate Market Report March 2020

This month saw a double-digit gain in sales, but last February was one of the slowest levels of activity since the late ’90s. With the extra day this February, monthly sales totalled 1,197 units. A combination of these two factors resulted in a 23% improvement over last year, but sales remain well below long-term trends and consistent with the lower levels reported over the past 5 years.

Whether your thinking of buying or selling, the market is generally seeing a balanced market or slightly into the buyer's market ranges. Many areas of Calgary that have detached homes under $500,000 are seeing inventory being bought up quickly. Make sure you have a real buying and selling strategy to help you prepare for what could happen when making the move.

Real Estate Market Report March 2020

Real Estate Market Report March 2020

Real Estate Market Report March 2020

Real Estate Market Report March 2020

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