Calgary Apartment Market Boom 2024: Prices and Sales Skyrocket!

🗓 Schedule a call with Adam → https://bit.ly/3u6Pm2j
🏠 INSTANT Home Evaluation → https://bit.ly/Instantvalue
🔎 Start your Home Search → https://bit.ly/3KZmBdw
📚 Buyer/Sellers Guides (2024) → https://bit.ly/2024Guides
📝 Monthly PDF Reports → https://bit.ly/yycpdf

─────────────────────

🏢 Calgary Apartment Market Update - April Insights | Adam Fyfe Real Estate 🏢

🔥 April's Apartment Sales Surge: 🔥

April marked a significant uptick in Calgary's apartment condominium market, with sales reaching 822 units. This boost contributed to a remarkable year-to-date total of 2,761 units, a 24% increase from last year. Apartment condominiums have outpaced all other property types in sales growth, now accounting for nearly 30% of all resale activity in Calgary.

📈 Inventory and Listings Overview: 📈

The influx of 1,050 new listings in April has supported a necessary rise in inventory, aligning with seasonal expectations. However, despite this month's gain, inventory levels are still 13% lower than last year and 35% below long-term trends. This inventory shortage is most pronounced in the lower-priced segments, particularly for units priced below $300,000.

💹 Pricing Trends and Market Dynamics: 💹

Driven by consistent demand in the more affordable segments, Calgary's apartment market remains in a sellers' domain, spurring further price increases. The benchmark price for an apartment reached $346,200, climbing over 2% from the previous month and showing an 18% increase from last April. The most significant price growth was observed in the North East and East districts, soaring over 30%, while the City Centre experienced more modest gains of 13%.

🌟 Navigate Your Real Estate Journey with Adam Fyfe: 🌟

Stay tuned for detailed insights into the evolving landscape of Calgary's apartment market. Whether you're considering buying, selling, or investing, Adam Fyfe Real Estate provides expert guidance and the latest data to help you make informed decisions.

Subscribe for monthly updates and gain a competitive edge in the Calgary real estate market.

#CalgaryApartments #MarketUpdate #RealEstateTrends #AdamFyfeRealEstate #CalgaryRealEstate #ApartmentPrices #RealEstateInvesting #HousingMarket #CalgaryCondos

─────────────────────

🚶🏻‍♀️ Follow my Social Media Journey 🚶🏻‍♂️

Instagram → https://bit.ly/3mvYDuF
Facebook → https://bit.ly/3ny6g2O
TikTok → bit.ly/3Ii1Zv2
Linked-in → https://bit.ly/3pNEsKE
Google → https://bit.ly/3jOyLYZ

─────────────────────

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

─────────────────────