Calgary Real Estate Update - February 2025
Posted on Feb 21, 2025 in Calgary Real Estate News
Supply Levels Improve, Creating a More Balanced Market
Calgary’s housing market is seeing a much-needed shift as inventory levels continue to improve. Following three years of limited supply, January recorded 3,639 available units—marking a significant 69% year-over-year gain. However, despite this increase, inventory levels remain below the typical...
Calgary Real Estate Update - December 2024
Posted on Dec 20, 2024 in Calgary Real Estate News
Supply on the Rise, but Not Across All Price Ranges
As we transition into winter, Calgary’s housing market is slowing down in line with typical seasonal trends. However, demand remains relatively strong compared to historical averages. In November, sales activity in detached, semi-detached, and row homes helped offset a decline in apartment condomin...
Calgary Real Estate Update - October 2024
Posted on Oct 08, 2024 in Calgary Real Estate News
New listing growth driven by higher-priced homes
As we enter the fall season, the Calgary real estate market continues to show signs of shifting away from the extreme seller’s market conditions that we saw beginning of the year. While September saw a decline in overall sales compared to last year’s record highs, the market remains robust.
In Septembe...
Calgary Real Estate Statistics - April 2024
Posted on Apr 06, 2024 in Calgary Real Estate News
March reflects strong seller’s market and price increases
March sales rose to 2,664 units, a 10% increase compare to last year and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March. The sales-to-new listings ratio rose to 84%, and the months of supply fe...
Calgary Real Estate Statistics - February 2024
Posted on Feb 13, 2024 in Calgary Real Estate News
January sees strong sales fuelled by boost in new listings
January sales rose to 1,650 units, a significant gain over last year's levels and long-term trends. The growth was possible thanks to a rise in new listings totalling 2,137 units in January. New listings rose for homes priced above $300,000, but the largest gains occurred for homes priced ab...
Calgary Real Estate Statistics - January 2024
Posted on Jan 08, 2024 in Calgary Real Estate News
Strong migration and low supply drive Calgary housing prices in 2023
Sales in 2023 did ease relative to 2022 peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. There was notable shift in activity toward more affordable condominium style homes.
“Higher lending rates dampened hous...