October 2024 Calgary and region real estate sales see slight gains

The Calgary real estate market experienced some slight gains in October after a couple months of decline. The entry and mid level markets still favors the seller. New housing starts have slowed down which means the market should stabilize somewhat as we head into the winter months. US election day is tomorrow and once the dust settles on that influence on our markets, we will get a better picture of the short and medium term outlook.

As I have felt for years now, High River offers the most to gain in increased real estate values. There is still great value for the $$$ there and the town offers a quieter lifestyle. However, if you commute to Calgary or even Okotoks for work, shopping and play, It makes sense to consider total cost of ownership and consider lifestyle in general.