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The unadjusted benchmark price is now $518,600, up by almost $55,000 since December
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Real estate sales have not slowed down in 2022, in fact they keep setting new records.
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The March report out of the Calgary Real Estate Board (CREB) showed new standards set for sales for any given month with gains across every property type, all hitting new record highs.
One of the concerns coming out of the banner year of 2021 was that there would not be enough stock to keep pace. Ann-Marie Lurie, CREB chief economist, said this is still an issue but those levels have improved.
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“With just over one month of supply in the market, the persistently tight market conditions continue to place significant upward…
