Quote:
Originally Posted by suburbia
Longer term trend data is always interesting. Could you post detached, duplex and apartment comparisons between 2014 and 2018? I'm assuming you have them on hand given your note above.
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Here is the housing sales data trend for detached, apartment and duplex. These are for the entire city, so only give part of the picture.
REF:
https://www.creblink.com/-/media/Public/CREBcom/Housing_Statistics/City_of_Calgary_Report.pdf?la=en
Nothing has been doing very well, but relatively speaking, I'd say the one in the middle has performed worst.
It might be interesting to look at the numbers based on median prices, so that way things are not skewed by one or two 10M dollar sales. That's the blue line. The duplex data may seem perplexing at first glance - how are they maintaining their value? But if we are thoughtful about it, we know that the proportion of infill duplexes keeps rising year over year, so it is not that the same duplex has maintained value, rather that the mix of duplexes sold is shifting to infills. At the end of the day, that means the graph for duplexes doesn't tell us as much as we'd like to think. For detached, looks like they've gone from a median of 460 to about 445 (-3.25%), while apartments have gone down from 280 to about 225 (-19.6%).
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