September 2021 Calgary Real Estate Market Update

Despite the return to school and entering into a new phase of the year, we haven’t seen inventory returning to the market like we thought it would. Specifically, in the detached home market in Calgary, there is a real lack of quality listings. There were 1,268 sales in September, which is 30% higher than long-term trends.

Compared to the detached market, we can say the opposite about the apartment condo market. There was a boost in the supply of inventory, which spurred more sales over the last month.

More than ever, having a strategy that fits your family’s needs is critical in this market.

View this post on Instagram

A post shared by Chamberlain Real Estate Group (@chamberlaingroup)