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nov 2022 stats

Dec 1, 2022

2022 on track to be a record year for sales

By CREB®

Residential sales in the city slowed to 1,648 units, a year-over-year decline of 22 per cent, but 12 per cent above the 10-year average.

The pullback in sales over the past six months was not enough to erase gains from earlier in the year as year-to-date sales remain nearly 10 per cent above last year’s record high. The year-to-date sales growth has been driven by a surge in both apartment condominium and row sales.

“Easing sales have been driven mostly by declines in the detached sector of the market,” said CREB® Chief Economist Ann-Marie Lurie. “Higher lending rates are impacting purchasers buying power and limited supply choice in the lower price ranges of the detached market is likely causing many purchasers to place buying decisions on hold.”

To read the full stats release on November's housing market for Calgary and surrounding areas, click here.

November housing market snapshot

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(Shareable social media images - click on the images to enlarge and save)


Click here to view the full City of Calgary monthly stats package.

Click here to view the full Calgary region monthly stats package.

Members can also access a wide range of housing data tools and dashboards on CREB®Link


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This is a private CREB® member area. This publication and all editorial content, including the CREB®Chat column, is intended for member use only.

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