Calgary Real Estate in 2023: 3rd Quarter Market Review

Is Calgary still seller's market? With such a high interest rate, is it still good time for you to invest? Winter is around the corner. Are we expecting the market to slow down? Let's find out in the video.

We finished the third quarter with a record high in sales. In September, 2441 total sales. 548 sales more than last September. Total new listings in September also improved, 21.6% more than last year, but still not enough to take us out of the sellers market condition.

We're still short of inventory. Single detached home benchmark price is at $696,100 very much the same as August, but it is 11.1% higher compared to last September, a slight increase from second quarter of this year.…

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