Detached homes are still a seller's market. Condos are not, and their prices show it.
All in Alberta
Detached homes are still a seller's market. Condos are not, and their prices show it.
September sales dropped in two big markets, and apartments took the hit. One month does not make a crash.Rising inventory, easing demand across all property types
Higher mortgage rates and accumulation of inventory weigh on prices
Segment dynamics are diverging across the city
Tight markets are loosening fast as buyer demand pulls back sharply
Seller’s Market for Houses, Balanced Conditions for Condos
A Cooling Market Solidifies as Buyers Gain Leverage