Calgary Real Estate Update - November 2024
Posted on Nov 13, 2024
Supply Levels Improving for Higher-Priced Homes
As we move further into the fourth quarter of 2024, Calgary’s real estate market is showing signs of balance, particularly in higher price ranges. October sales reached 2,174—24% above long-term trends for the month—demonstrating that demand remains robust despite a notable divide between price segment...
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 - September 2024
Posted on Sep 11, 2024
Calgary housing market sees shifts
The Calgary real estate market continues to adjust from the extreme seller’s market we saw earlier this spring. According to the Calgary Real Estate Board (CREB®), August brought a noticeable shift as sales activity slowed and inventory levels began to rise. For the first time since 2022, the months of supply climb...
Calgary Real Estate Statistics - August 2024
Posted on Aug 19, 2024
Supply levels improve taking some pressure off prices
With the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66%, supporting a gain in inventory. Inventories rose to 4,158 units, still 33% below what we typically see in July, but the...
Calgary Real Estate Statistics - July 2024
Posted on Jul 16, 2024
June sales decline amid supply challenges and rising prices
Sales in June reached 2,738, marking a 13% decline from last year’s record high. Although sales improved for homes priced above $700,000, it was not enough to offset the declines reported in the lower price ranges. Despite the easing in June sales, they remain over 17% higher than long-term...
Calgary Real Estate Statistics - June 2024
Posted on Jun 10, 2024
Calgary Home Sales stay strong despite lack of lower priced inventory
May was a busy month for Calgary's real estate market with 3,092 homes sold. Even though this figure is nearly 1% lower than last year's record, it's still 34% higher than long-term average for May. The slight decline in sales was mainly because there were fewer lower priced detac...