Sept. 03, 2024 | CREB Calgary housing market sees shifts Housing activity continues to move away from the extreme sellers’ market conditions experienced throughout the spring. Easing sales, combined with gains in supply, pushed the months of supply above two months in August, a level not seen since the end of 2022. As expected, rising […]
Category: Real Estate News
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 […]
Clearwater Park, Chestermere
Clearwater Park, Chestermere Clearwater Park will be a 580-acre community located along Highway One in Chestermere that will add approximately 10,650 new residents and will host more than 3,500 homes. The location along the highway gives the development easy access to other amenities in Chestermere and is within a half-hour drive to Calgary’s downtown. It […]
5 Tips for Buying a Home in Calgary’s Competitive Market
Real Estate Agent in Calgary have seen first hand how competitive the market can be for home buyers. With low inventory and high demand, it can be tough to find the perfect home at a price you can afford. But don’t despair! Here are 5 tips for navigating Calgary’s real estate market and finding the […]