Calgary Repeat Home Sale Prices Take Hit In July

Calgary led the nation with the largest monthly and annual decline in repeat home sale prices according to the Teranet-National Bank House Price Index released today.

Prices fell -1.9% in July and were down -2.3% year-over-year.  That’s the largest annual drop dating back to June 2011.    After peaking last October, Calgary home prices are now off by -4.6%.

The Teranet–National Bank House Price Index™ is estimated by tracking observed or registered home prices over time using data collected from public land registries. All dwellings that have been sold at least twice are considered in the calculation of the index. This is known as the repeat sales method.

Y/Y Percent Change

Y/Y Percent Change



Please feel free to post your comment or question

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s