Calgary most expensive homes October 2024 [Video]

The Calgary Real Estate Board says September home sales tumbled 17.6 per cent from last year’s record levels to 2,003, but remained around 16 per cent higher than long-term trends for the month.

The board says the benchmark price across all home types was $596,900 for September, slightly lower than the previous month but 5.5 per cent higher than September 2023.

There were 3,687 new listings on the market last month, the highest September total since 2008 and 15.5 per cent more than a year earlier.

The board says September inventory levels reached 5,064 units, a 49.7 per cent gain from last year but below the 6,000 units typically available in September.

Home sales over $1 million rose in September, contributing to the year-to-date gain of 38 per cent. 

The rise in sales was possible thanks to gains in new listings, providing purchasers more choice, CREB said. 

Overall homes priced …