Decreases in month-over-month numbers were evident in July while positive increases in year-over-year numbers are worth noting.
Home Prices
Calgary home prices dipped in month-over-month prices by just under 1% in July, and increased by nearly 8% compared to last year.
What is a benchmark price? The benchmark price is the estimated value of a “typical” home in a community, based on the most popular combination of features, e.g. age, size, number of bedrooms and bathrooms.
Sales and Inventory
Sales decreased by 10% compared to last year while inventory increased by nearly 19% compared to 2023.
Data provided by the Calgary Real Estate Board. For more information, visit their website.
