Home sales climbed by 17% in October in Calgary,

 

Home sales in Calgary increased in October, according to the Calgary Real Estate Board. In October, the city saw 2,171 home sales. According to the research, there has also been a 17 percent increase over the same month last year. New listings increased by 2,684 units over the previous year. According to the study, this is the most listings registered in October since 2015. However, inventory levels in October were more than 40% lower than usual for the month. Because reasonably robust sales kept a substantial change from occurring. The standard for unadjusted residential property has risen to $571,600. This is nearly 10 percent higher than October 2022, the report said.