The Calgary Real Estate Board released their March 2015 statistics and it shows that the city’s inventory of available homes to purchase has increased and the benchmark price has eased (-3.82% since March 2014), conditions consistent with a buyers’ market. This means if you’re looking to buy a home there are more houses available to choose from, potentially at a lower price, allowing you to explore more options in your hunt to find your dream home.
Calgary Home Prices Have Declined
“Typical home prices have declined by 0.59% in the first quarter of 2015, compared to the fourth quarter of 2014. The sales to new listings ratio also dropped to 41% and months of supply averaged 4.01 for the quarter. This is a significant change from one year ago when…