“The Calgary Real Estate Market is hot and doesn’t look to be cooling anytime soon.’ says Matt Mychajliv, with The Calgary Real Estate Team (TheCalgaryRealEstateTeam.com). With just 3 weeks into the new year, the Calgary Real Estate Market is showing no signs of slowing down. With continued growth, low inventory and interest rates holding steady, house prices continue the upward trend seen during the pandemic. From multiple offers on new listings and many properties selling for more than the asking price, it brings back memories from 2005 when Calgary had record growth and house prices seemed to double overnight
Calgary is seeing record numbers in all categories. From listing inventory and monthly sales to sale prices and absorption rates. If these numbers hold steady, we will outpace a record 2021 which saw sales climb during the beginning of the pandemic.
