Single Family Homes
The 188 sales in the first week of October was on par with the opening weeks of September, August, and July which all had sales in the 180’s. As has been the case throughout the summer, sales were down from the previous year – this time a decrease of almost 33%.
Pending sales are currently trending below last month’s levels meaning that another month-over-month increase in sales looks unlikely at this point. That could change between now and the next update as we are only 7 days into the month.
The condo market continues to show weakness with sales dropping as pending figures last month were forecasting.
A total 0f 60 units sold in the past week – the only week with fewer sales in 2010 was January 1-7. Sales are down 50% from the first seven days of October 2009.
However, pending sales levels have reversed and are slowly beginning to climb again.
Interested in having the most up-to-date condo info? Be sure to follow the daily statistics on my webpage at www.FindCalgary.com