Calgary Repeat Home Sale Prices Slide In January

Calgary home prices declined for a third consecutive month in January according to the Teranet–National Bank House Price Index™ which tracks repeat sales.

Prices were down -0.7% month-over-month in January, adding to a -1.1% drop in December and a -0.2% dip in November.   That brings Calgary’s index back to July/August 2014 levels.  The last 3-month slide was between December 2012 to February 2013.

Even with the recent cumulative decline of -1.9%, Calgary repeat home sale prices were up a strong 7.1% year-over-year.

Month-over-month percent changes

Month-over-month percent changes

Calgary House Price Index, historical

Calgary House Price Index, historical

Source: housepriceindex.ca

 

One response to “Calgary Repeat Home Sale Prices Slide In January

  1. Pingback: Prime Example of Media Affecting Outlook on Real Estate Market — Phoenix Real Estate

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