January 2024

Strong Migration and Low Supply Drive Calgary Housing Prices in 2023

Posted on Jan 03, 2024

Sales in 2023 did ease relative to last year's peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. While sales stayed relatively strong, there was a notable shift in activity toward more affordable apartment condominiums style homes.

“Higher lending rates dampened housing demand...

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