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Calgary home sales slowed in July but still reached a record high: CREB

Calgary Actual Property Board says house gross sales slowed final month however nonetheless amounted to the most effective July on document.

The Alberta board says gross sales for the month totalled 2,319, up from 1,835 final July however down from 2,915 in June.

The variety of new listings available in the market reached 3,296 in July, up from 3,021 on the similar time final 12 months and down from 4,135 in June.

The typical worth of a house was $488,501, up from $466,266 final July and down from $494,111 in June.

CREB says an easing in gross sales development and a slowdown within the tempo of recent listings has prevented month-to-month positive factors in stock ranges.

Whereas provide remained increased than final July, CREB says condominium and row houses accounted for many of the out there properties.

This report by The Canadian Press was first revealed Aug. 3, 2021.



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