Business in Calgary - July 2021

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THE HOTTER THAN HOT MARKET // REAL ESTATE

THE HOTTER THAN HOT MARKET NOBODY EXPECTED THIS! BY JOHN HARDY

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algary’s residential real estate market started the summer hotter than hot. It delighted sellers and buyers while area brokers, Realtors, CREB and other real estate professionals are positive but cautious about a fragile market situation. Can it/will it last? Coast-to-coast, Canada’s housing markets are on fire. According to the CREA (Canadian Real Estate Association) the national average home selling price spiked almost 32 per cent since last winter and and reached new highs as sales hit all-time records.

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JULY 2021 // BUSINESS IN CALGARY // BUSINESSINCALGARY.COM


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