Media release: April brings a slight inventory decline City of Calgary, May 1, 2019 – There have been no significant changes occurring in sales activity, but the number of new
Spring is in the air....even though it's still snowing. The market activity in April has had a noticeable uptick as we are seeing more showing requests, multiple offers, back up offers, and multiple back up offers!
- Alberta's population continues to grow through both inter-provincial and international migration
- The annual count of unoccupied dwellings continues to drop - this is likely due to a more competitive rental market which will push first time home buyers into the market
- The lower to mid points of the market are out performing last year which should spark the move up markets as well
- The new listings inventory has slowed allowing for a slight decrease in the absorption rate which will help stabilize pricing
As a veteran realtor with CIR Realty and member of Leading Real Estate Companies of the Worldâ„˘, my goal is to ensure that you have the best real estate experience possible. For those looking to sell....