Half of Calgary home buyers are convinced the market is cool and getting colder.
They’re not necessarily wrong, but it's only half the story.
Here's what the data shows:
If you're buying or selling a detached home, it’s a tight, competitive market, and likely getting hotter as we head deeper into spring.
But condos? Opposite story. Sales are down and inventory is high, exacerbated by 18,000 additional units currently under construction. Make no mistake, buyers in the attached realm hold the keys. For how long? Only time will tell. But for now, choice and leverage are on their side.
YYC’s real estate market is not one cohesive story at the moment. It's two distinct storylines, requiring very different strategies.
Two markets, one city, and a wild spring ride underway.
Drop me a line if you want to explore what it means for you and your plans.
#yychomes
