Calgary home sales jump 29% in September, condominium sales reach new highs

The Calgary Real Estate Board reported record home sales in September with 2,441 sales, a 29% increase from the same month last year. This figure was accompanied by an unadjusted residential benchmark price of $570,300, which was nearly 9% higher than September 2022. Inventory levels in September were 24% lower than the same time last year, which has not changed enough to shift the supply and demand balance. Despite this, interprovincial migration has boosted housing demand in the region. The price of row housing saw the highest year-over-year price increase at 17% to $419,400, and detached home prices rose

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