Calgary home sales remain in double-digit growth territory at the 3 week mark. A total of 772 homes have sold month-to-date, a 13.53% hike from the same period last year.
Overall new listings are down -9%, but this is attributable to the single family segment as condo new listings are pretty much on par with last year.
Active listings are down across the board year-over-year:
- SFH -22%
- Condo-Apartment: -17%
- Condo-Townhome: -25%
Luxury sales of $1M+ are slightly ahead of 2007’s record January pace so far this month.
Lenders have lowered fixed rates over the past few weeks as bond yields slid following less than positive economic data.