June sales declined in Calgary while inventory and home prices increased.
Home Prices
Home prices increased by 0.4% compared to May, and by nearly 9% compared to 2023.
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
Inventory for the month spiked by just over 9% compared to June of last year, while sales dipped by almost 13% compared to 2023.
Data provided by the Calgary Real Estate Board. For more information, visit their website.
