January 2022 Market Update

Our team is excited to share our first market update for the year for Calgary’s very dynamic real estate market!

This city’s inventory levels are currently sitting at an all time low of around 665 houses for sale, which is ridiculously low compared to what we’ve seen recently. This is very important to note for buyers, and we highly recommend getting pre-approved, and having everything primed and ready to go for putting in offers.

Interest rates are currently low, but will be moving up soon, which will move the market and influence buying power.

The current inventory levels and interest rates are helping to create a great market for sellers, especially before those interest rates start to rise — once they do, buying power in the market will likely slow down.

Calgary is a world-class city, and we continue to see a lot of people move here from other parts of Canada and around the world, which is a trend that’s been on the rise over the past 6+ years as our economic recovery continues. This continues to tip the city’s real estate market in a positive direction.

This market update was brought to you by Jeff, Rod, Ray, and Zoe. From our team to yours, we’d like to thank you for your continued support.

Click the video above to view the full update for January 2022, and don’t forget to follow us on social media for real-time stats, tips, and new listings. If one of our listings catches your eye or you’re looking for more information on this month’s market, please don’t hesitate to connect with us directly at info@neustaedterteam.com or 403.208.0555.

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DISCLAIMER: The suggestions, advice, and/or opinions expressed in this video are simply perspectives based upon experience, and are not guarantees of set outcomes. Always consult with licensed professionals directly when doing a real estate investment transaction.