Calgary Real Estate Update

The Covid 19 pandemic continues to affect house prices worldwide and Calgary is no exception. In fact, it’s not only Calgary’s house prices that have been affected, but also the volume of sales.

Sales in May were actually up over April with 1,080 units sold but that is a 44% decline over May 2019. In addition, sales have been shifting toward more affordable units with the least affected price ranges below $500,000.