Lowest February inventory since 2006 Calgary, March 1, 2023 Consistent with typical seasonal behavior sales, new listings and inventory levels all trended up compared to last month. However, with 1,740 sales and 2,389 new listings, inventory levels improved only slightly over the last month and remained amongst the lowest February levels seen since 2006. “While… [Read More]

In most cases, negotiations in real estate are a big deal for both buyer and seller. Learning about the real estate market in general is a first, very important step towards successful negotiations. Here are some first steps for buyers and sellers to learn about negotiations in real estate. Use sale data for evidence of… [Read More]

Supply of lower-priced homes remains low for January City of Calgary, February 1, 2023 The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings fell in nearly every price range, the pace of decline was higher for lower-priced properties. At the same time, sales activity… [Read More]

Calgary housing market expected to stabilize in 2023 Below is a summary of the 2023 outlook report, created by the CREB’s chief economist Ann-Marie Lurie. It was released in January 2023.  The full report gives a clear and easy to read analysis of the economic and housing market trends in Calgary and surrounding areas. According… [Read More]