How Much is an Apartment in Calgary? 🏡 Calgary Condo Market Update

1 month ago
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Welcome to our channel dedicated to exploring the dynamic Calgary condo market! Join us as we delve into the latest updates and trends shaping the city's vibrant condominium landscape. In February, Calgary's condo market experienced significant growth, with sales reaching 638 units, contributing to a remarkable year-to-date sales increase of 39 percent. The demand for apartment-style homes remains strong, fueled by relative affordability and continued growth in new listings.

Calgary Condo Market Update: Unveiling Trends and Insights! 🏙️ Despite seasonal fluctuations, inventory levels saw a slight uptick last month. However, compared to the previous year, inventory levels declined by 12 percent, resulting in a market that continues to favor sellers, with just over one month of supply available. Persistently tight conditions have driven substantial price growth, with prices reaching $329,600 in February, marking a remarkable 17 percent increase over the previous year. Price gains were widespread across all districts, with year-over-year increases exceeding 19 percent in most areas. Join us as we dissect these trends and provide valuable insights to help you navigate the dynamic Calgary condo market! #Calgary #YYC #CalgaryCondos #RealEstateMarketUpdate #YYCPropertyMarket #CondoLiving

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Calgary Realtor
🏢 eXp Realty Canada
💻 Realty@AdamFyfe.com
📱 403-561-8747

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