May 01, 2024 | CREB Price growth persists in Calgary as seller’s market prevails City of Calgary, May 1, 2024 – Sales in April rose by seven per cent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 per cent higher than […]
Category: Market Trends
Market update for the Calgary area
MARCH 2024 Calgary housing statistics
March reflects strong seller’s market and price increases City of Calgary, April 1, 2024 – March sales rose to 2,664 units, a 10 per cent year-over-year gain 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 and not […]
August 2023 Calgary housing statistics
AUGUST 2023 HOUSING MARKET UPDATE September 1, 2023 August sees record-high sales amidst historic low inventory, pushing prices higher Thanks to a surge in the condominium market, August sales reached a record high with 2,729 sales. Despite the record levels reported over the past several months, year-to-date sales are still down by 15 per cent […]
June 2023 Calgary housing statistics
Another record-high month for Calgary City of Calgary, July 4, 2023 – The housing market in Calgary witnessed a surge inapartment condominium sales, setting a new total residential record with 3,146 salesachieved in June. Although year-to-date sales are currently 23 percent lower than lastyear, they remain significantly higher than pre-pandemic levels. Notably, there hasbeen a […]
May 2023 Calgary housing statistics
May sales reach a record high City of Calgary, June 1, 2023 – Thanks to a significant gain in apartment condominium sales, May sales rose to 3,120, a new record high for the month. While the monthly gains have not outweighed earlier declines, this does reflect a shift from the declines reported at the start of […]
April 2023 Calgary housing statistics
Prices reach new record high April 2023 Calgary housing statistics City of Calgary, May 1, 2023 – This month, persistent sellers’ market conditions placed further upward pressure on home prices. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly […]
March 2023 Calgary housing statistics
Prices rise as conditions favor the sellerCity of Calgary – Sales and new listings have improved over the levelsreported at the beginning of the year. As a result, the spread between sales and new listingssupported some expected monthly inventory level gains. However, the 3,233 available unitsreflected the lowest March inventory levels since 2006 and left […]
February 2023 Calgary housing statistics
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 February levels seen since 2006. “While higher lending rates are […]