January is typically a month where we have lower supply and lower activity on the market compared to the rest of the year. That said, we had fair bit of activity with 863 sales in Calgary and 28 sales in Okotoks. Our months of supply is still hovering around 6 months right now, but this may change as we head into spring market. Year over year price drop is about half percent, so once again the rate of fall has significantly decreased which is great news for all.
If you would like specific data related to your neighbourhood, just give me a shout 403-383-5706!
