City of Calgary, July 4, 2016 Calgary home prices continue to slide in most areas of the market, but not at the rate that many might expect. This is partly due to June’s resiliency in the detached and semi-detached sectors of the market, where sales compared to new listings and standing inventory started returning to…

City of Calgary, June 1, 2016 Calgary’s housing inventory was on the rise once again in May as new listings climbed and sales slowed to 1,923 units. “While recent oil price gains may have some feeling optimistic, weakness in the labour market continues to impact housing demand,” said CREB® chief economist Ann-Marie Lurie. “Job losses…

Calgary, May 2, 2016 Market imbalance in Calgary’s residential resale housing market continued to weigh on citywide prices in April. Much like the previous month, year-overyear sales fell while new listings increased, resulting in inventory gains across all sectors of the market. As a result, benchmark prices in the city declined by 0.4 per cent…

Home prices declined further in March as economic conditions weigh on Calgary’s housing market. Calgary’s benchmark price totaled $442,800 in March, a 0.49 per cent decline over February and 3.51 per cent lower than levels recorded last year. “With no improvement in the labour market, it’s no surprise that we continue to face downward pressure…