CREBNow Oct 4, 2019

Page 1

oct 4 to oct 10 2019 issue 09-39 editorial 403.781.1349 advertising 403.263.4940

real estate news from industry experts

SEPTEMBER

NEW CONDOS

To read the full statistics package for September, go to creb.com

CALGARY REAL ESTATE STATS HIGHLIGHTS

$424,900

New multi-family developments across Calgary and tips for new-build condo buyers.

September’s citywide unadjusted benchmark price of $424,900 is two per cent lower than last year’s levels.

‘‘

THE MARKET IS MOVING TOWARD MORE STABLE CONDITIONS, BUT THIS IS MOSTLY RELATED TO SUPPLY ADJUSTMENTS IN THE CITY.” ANN-MARIE LURIE

CREB® CHIEF ECONOMIST

6,889

UNITS

September inventory levels are still elevated at 6,889 units, but this figure represents a decline of 13 per cent compared to last year.

FULL STATS LIST: PAGE 6 COURTESY HON DEVELOPMENTS


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.