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...
Calgary Real Estate Statistics - May 2024
Posted on May 08, 2024
Price growth continues in the Calgary Real Estate Market
Calgary's real estate market is still booming, making it a great time for home sellers. In April, sales increased by 7% from last year, with 2,881 sold homes. Although the sales growth rate has slowed a bit compared to the beginning of the year, sales still remain higher than the long-term tre...
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...