Lowest February inventory since 2006log Post Title Goes Here

Posted on Mar 01, 2023

March 1, 2023

Lowest February inventory since 2006

 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 Feb...

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Supply of lower-priced homes remains low for January

Posted on Feb 02, 2023

Feb. 1, 2023

Supply of lower-priced homes remains low for January

 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 did slow compared t...

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Calgary housing market expected to stabilize in 2023

Posted on Jan 26, 2023

The Calgary Real Estate Board (CREB®) has released its 2023 Forecast Calgary and Region Yearly Outlook Report. The report, which is prepared by CREB® Chief Economist Ann-Marie Lurie, provides a detailed analysis of the economic and housing market trends in Calgary and surrounding areas for the upcoming year.

According to the report, elevated lending...

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2022 saw record-high sales and double-digit price growth

Posted on Jan 06, 2023

Jan. 3, 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 met with a significant pullback in new listings, causing further declines in i...

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2022 on track to be a record year for sales

Posted on Dec 08, 2022

Dec. 1, 2022

2022 on track to be a record year for sales

 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 gains from earlier in the year as year-to-date sale...

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Sales remain stronger than pre-covid levels

Posted on Nov 02, 2022

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 months to go, 2022 will l...

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