CREB release its monthly update for MAY this week, and it looks like prices have pulled back, a bit on an aggregate basis, largely due to Rowhomes and Apartments.
However, the detached market continues to be VERY active, now is the time to pursue a move if that's what you're thinking.
Despite the pullbacks and slower sales this year, we're still seeing sales remain >11% over long term trends for this time of year = very active market (i.e., # of detached home sales for the same week last year, nearly identical).
If folks are talking about a market crash in Calgary, that is far from the truth, and we're seeing a balancing from extreme sellers' conditions for the last few years.
Stats below...
