Goodbye Summer, Welcome Falll

The Calgary real estate market continues to be optimistic with consumer confidence improving and demand starting to once grow again. Not only have we seen an increase in average price of homes we have seen a drop in inventory as well. We are seeing about a 35% decrease in listings this time of year compared to last year. Not only are we seeing this consumer confidence in Calgary, we are noticing it across the nation. At this point prices are stable and it is no longer a buyer OR seller’s market. Million dollar homes continue to sell at a steady rate and the condo market seems to be improving in some areas. Hopefully, the fall weather stays mild and this trend continues into late October/beginning of November.