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Calgary’s rising housing prices, low inventory likely to persist in 2024: CREB

Jan 17, 2024  
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Calgary's housing market is predicted to face low inventory and rising prices in 2024, with the benchmark price reaching $570,100 in December. Demand for affordable apartment-style homes is increasing due to the tight supply of single-detached homes. Despite the price hikes, Calgary's housing market remains more affordable than Toronto and Vancouver. An 8% rise in aggregate housing prices is expected in 2024.

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One Comment

  1. I have been searching for information on this subject for some time, and yours is the best I have come across thus far. Nevertheless, with that being stated, what is the conclusion? Are you certain regarding the supply?

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