May 2019 \\ What did this past month bring? 〰️A decline in new listings cased an eased in inventory levels this past month. 〰️Improving sales relative to inventory levels caused the months of supply to ease to just under four months. 〰️While still oversupplied, this is an improvement from the five months of supply recorded last May. 〰️Citywide sales in May totalled 1,921 units, 11% higher than last year’s levels. 〰️However, sales remain 10% below longer-term trends. 〰️This sales growth was primarily driven by homes prices under $500,000. Questions? I'm here to help! 📱: 403.620.9245 ✉️: smollerson@charlesrealestate.ca #yyc #yycre #realestate#yycrealestate #realtor #realtorlife#calgary #alberta #yycnow #shareyyc#yycliving #calgarybuzz#sharecalgary #yyctoday#realestateagent #charlesrealestate#smarierealtor #statsyyc#realestatestats #yycrealtor#yycagentbranding#yycrealestatemarket#decemberstatsyyc #yycmarketstats#smarierealty #soldinstyle#buyersmarket #buyingyyc#homebuying #homeshopping⠀
May 2019 Market Update
Updated: Jun 16, 2019