2022 was a bit of a roller coaster year with a record amount of sales and overall a double digit price appreciation in our market year over year from 2021.   While sales activity continued to slow in December, this may just suggest that we are headed back to a more typical seasonal Calgary market flow. Easing of sales over the second half of 2022 did have an effect on our prices however they...Read More

November Market Report   With just one month left in 2022, it does look like we are on track for a record year for sales in the Calgary market. Residential sales activity is considerably slower at this period of the year than where it was last year, however it is important to note that it is still tracking at 12 pts above the last decade's average.    While there has been an e...Read More

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 and with only two mon...Read More

2021 Recap. - A record year for the Calgary Real Estate Market The conclusion of 2021 saw no slow down in sales activity and as such, Calgary secured a record year for home sales. Calgary sales reached just shy of 28,000 units this year which was 72% higher than 2020 and 44% higher than the 10 year average. The Benchmark price in Calgary now sits at $451,567 and that falls just short of the recor...Read More

With improvements in sales across all product types, we should lead this update with November 2021 was just shy of breaking Calgary’s 2005 record for units sold city wide. A couple of notes from CREB® Chief Economist Ann-Marie Lurie: “Lending rates are expected to increase next year, which has created a sense of urgency among purchasers who want to get into the housing market befo...Read More

“Calgary housing market sees best March sales in over a decade.” While year over year averages and stats may be a little skewed as March last year was the beginning of COVID-19 and if you remember a pretty long lockdown, fears for the economy and a major drop in sales activity.  Who would have thought though that a year later that March sales were not just higher than in 2020 but...Read More

CREB’s market update title says it all – “Sellers' market in February leads to rising prices” Spread the wealth and the activity! Both sales activity and prices saw an increase across all product lines in the month of February, making this the best February since 2014! With overall months of supply of less than three months Calgary is seeing strong sellers market condit...Read More

January had an electric start to 2021! Life as is started here in 2021 was anything but ordinary, but what was extraordinary were the January sales.  What a kick start to the year as January’s sales were the highest they have been for the month since 2014. This second lockdown that started mid December and that has carried through the month of January was no match for our current marke...Read More

December capped off what was a great end to 2020 for the Calgary Housing Market. December sales at 1200 units makes it the best holiday month since 2007.  "Housing demand over the second-half of 2020 was far stronger than anticipated and nearly offset the initial impact caused by the shutdowns in spring. Even with the further restrictions imposed in December, it did not have the same ne...Read More

“For the sixth month in a row, sales in the Calgary market recorded a year-over-year gain.” CREB media release. What a half a year it has been for the Calgary Real Estate market.  Month-over-month activity gains and price gains since the spring has offset the effect of Covid and the lockdowns on the real estate market in the first half of the year. New listings continue to slow, ...Read More