City of Calgary, September 1, 2017 – Sales posted a modest gain in August, but a rise in new listings kept inventory levels elevated. Inventories totaled 6,624 units, where over half were comprised of attached and apartment style properties. While inventories were 16 per cent higher than August 2016 levels, the slight rise in sales prevented further gains in the monthsof-supply, which remain just above four months. For the FULL REPORT provided by the Calgary Real Estate board click HERE. Doug, Susan and Kristen are a Family real estate team serving Calgary and surrounding areas for 40 years! Please do not hesitate to contact with any real estate questions you might have. www.penleymcnaughton.com.
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