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Originally Posted by Brewmaster
With 2021 numbers in it looks like things are on the way up in Calgary: https://www.creb.com/News/CREBNow/20...or_home_sales/
Calgary sales reached 27,686 units this year, nearly 72 per cent higher than last year and over 44 per cent higher than the 10-year average.
As of December, the unadjusted benchmark price rose by nearly one per cent over last month and was sitting over 10 per cent higher than last year’s figures.
We are entering 2022 with some of the tightest conditions seen in over a decade. As of December, inventory levels are nearly 25 per cent lower than long-term averages for the month.
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And condo prices are still super deflated. Maybe they will come back one day...