MLS mar­ket slows again in Oc­to­ber

Calgary Sun - Homes - - Homes - Myke Thomas

Each seg­ment of Cal­gary’s re­sale homes mar­ket saw de­clines in Oc­to­ber. Here is the Cal­gary Real Es­tate Board’s assess­ment of each seg­ment.

n Sales in Oc­to­ber were 829 units, down 8.6 per­cent from Oc­to­ber 2017 and down 15 per­cent year to date.

n The largest de­cline year to date is in the $600,000 to $999,999 price range.

n New list­ings growth slowed for the sec­ond month in a row, help­ing to pre­vent fur­ther in­ven­tory gains. How­ever, as this seg­ment re­mains over­sup­plied, prices con­tinue to trend down.

n The bench­mark price was $490,200, down from Septem­ber. Year to date, prices are one per­cent be­low last year.

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