The official sales numbers have been released for the month for Calgary and Tuscany by CREB.
Overall pricing remains steady after the adjustment earlier this year. The absorption rate (active listings to recent sales) shows a stable market in the $500,000 – $700,000 range with some higher levels as prices increase. Apartment sales were a bit brisk in September as well.
We can expect typical winter adjustments with some slowing of sales activity over the winter months.
Should you wish to meet to discuss your real estate plans please do contact me at 403 850 2446.
Source: CREB, September 2017 Tuscany numbers only.
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