Record-breaking Home Sales in Calgary for August Leads to Sharp Drop in Housing Inventory
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Calgary's housing market experienced record sales in August, with inventory dropping as the number of properties sold increased. Real estate experts attribute this demand largely to the persistent low interest rates, leading to a sellers’ market. However, this rise may also lead to affordability issues for buyers as prices rise due to increased demand and prospective homeowners compete for fewer listings. #CalgaryRealEstate #HousingMarketBoom #LowInventory 🏠💹📉 Español: El mercado inmobiliario de Calgary experimentó ventas récord en agosto, y el inventario cayó a medida que aumentó el número de propiedades vendidas. Los expertos en bienes raíces atribuyen esta demanda en gran medida a las persistentes bajas tasas de interés, lo que genera un mercado de vendedores. Sin embargo, este aumento también puede generar problemas de asequibilidad para los compradores, ya que los precios aumentan debido al aumento de la demanda y los posibles propietarios compiten por menos propiedades a la venta. #CalgaryRealEstate #HousingMarketBoom #BajoInventario 🏠💹📉
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Calgary's housing market experienced record sales in August, with inventory dropping as the number of properties sold increased. Real estate experts attribute this demand largely to the persistent low interest rates, leading to a sellers’ market. However, this rise may also lead to affordability issues for buyers as prices rise due to increased demand and prospective homeowners compete for fewer listings. #CalgaryRealEstate #HousingMarketBoom #LowInventory 🏠💹📉 Español: El mercado inmobiliario de Calgary experimentó ventas récord en agosto, y el inventario cayó a medida que aumentó el número de propiedades vendidas. Los expertos en bienes raíces atribuyen esta demanda en gran medida a las persistentes bajas tasas de interés, lo que genera un mercado de vendedores. Sin embargo, este aumento también puede generar problemas de asequibilidad para los compradores, ya que los precios aumentan debido al aumento de la demanda y los posibles propietarios compiten por menos propiedades a la venta. #CalgaryRealEstate #HousingMarketBoom #BajoInventario 🏠💹📉
