Calgary on pace for the lowest May SFH sales since the new millennium...
http://www.bobtruman.com/blogs/bob_t...millenium.aspx
Quote:
We're on schedule to have the lowest number of May single family home sales since the beginning of the new millenium. For the period May 1 - 25, there are 1033 sales. The next closest was 2008 with 1056. The highest was 2006 with 1627.
New listings for the same period are third-highest.
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On the inventory side of the equation, it doesn't seem like we'll hit that 6,000 SFH benchmark in May. It currently sits at 5,680, on pace to hit around 5,800 by month's end (at mid-month it was looking like closer to 5,900-6000ish).