August sees record-high sales amidst historic low inventory, pushing prices higher Calgary, September 1, 2023 -Thanks to a surge in the condominium market, August sales reached a record high with 2,729 sales. Despite the record levels reported over the past several months, year-to-date sales are still down by 15 per cent compared to last year…. [Read More]
Real Estate Stats July 2023
Calgary home prices reach new heights: July sees seventh consecutive monthly gain We are working on the Infographic which will be published at 3:00pm today! Calgary, August 1, 2023 – Rising rates had little impact on sales this month as the 2,647 sales represented a year-over-year gain of 18 per cent, reflecting the strongest July… [Read More]
Real Estate Stats June 2023
Another record-high month for Calgary Calgary, July 4, 2023 – The housing market in Calgary witnessed a surge in apartment condominium sales, setting a new total residential record with 3,146 sales achieved in June. Although year-to-date sales are currently 23 percent lower than last year, they remain significantly higher than pre-pandemic levels. Notably, there has… [Read More]
Real Estate Stats May 2023
May sales reach a record high Calgary, June 1, 2023 Thanks to a significant gain in apartment condominium sales, May sales rose to 3,120, a new record high for the month. While the monthly gains have not outweighed earlier declines, this does reflect a shift from the declines reported at the start of the year…. [Read More]
Real Estate Stats April 2023
Prices reach new record high City of Calgary, May 1, 2023 – Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city…. [Read More]
Real Estate Stats March 2023
Prices rise as conditions favour the seller City of Calgary, April 3, 2023 Sales and new listings have improved over the levels reported at the beginning of the year. As a result, the spread between sales and new listings supported some expected monthly inventory level gains. However, the 3,233 available units reflected the lowest March… [Read More]
Real Estate Stats February 2023
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]
Real Estate Stats January 2023
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]
2023 Calgary real estate outlook
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]
Real Estate Stats December 2022
2022 saw record-high sales and double-digit price growth City of Calgary, December 1, 2022 December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672 units in 2022. Over the past several months, the pullback in sales was also… [Read More]
Real Estate Stats November 2022
2022 on track to be a record year for sales City of Calgary, Dec. 1, 2022 – Residential sales in the city slowed to 1,648 units, a year-over-year decline of 22 per cent, but 12 per cent above the 10-year average. The pullback in sales over the past six months was not enough to erase… [Read More]
Real Estate Stats October 2022
Sales remain stronger than pre-covid levels City of Calgary, Nov. 1, 2022 – October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector. However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported prior to the pandemic. Year-to-date sales have reached 26,823… [Read More]
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