Calgary home sales jump 29% in September, hitting record high

The Calgary Real Estate Board says there were 2,441 home sales in September, setting a record high last month.

The figure marked a 29 per cent increase compared with the same month last year, as the unadjusted residential benchmark price rose to $570,300, nearly nine per cent higher than September 2022.

But despite reporting year-over-year gains over the past four months, the board says year-to-date sales are still nearly 12 per cent lower than last year's levels.

It says inventory levels in September remained more than 24 per cent lower than levels last year and have not changed enough relative to sales activity to prompt a significant shift in supply and demand balances.