Blog | Elena Stepanenko - Your Realtor For Life

Another record-high month for Calgary

July 8th, 2023

The housing market in Calgary witnessed a surge in apartment condominium sales, setting a new total residential record with 3,146 sales achieved in June. Although year-to-date sales are currently 23 percent lower than last year, they remain significantly higher than pre-pandemic levels. Notably, there has been a positive trend in new listings, providing relief and…

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City of Calgary, June 1, 2023

June 1st, 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 the year. At the same time, we continue to see fewer new…

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Prices reach new record high

May 3rd, 2023

Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two percent higher than last month and a new monthly record high for the city. “While sales activity is performing as expected, the steeper pullback in new listings…

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Prices rise as conditions favour the seller

April 3rd, 2023

City of Calgary, April 3, 2023 – Sales and new listings have improved over the levels reported at the beginning of the year. As a result, the spread between sales and new listings supported some expected monthly inventory level gains. However, the 3,233 available units reflected the lowest March inventory levels since 2006 and left the…

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Lowest February inventory since 2006

March 2nd, 2023

City of Calgary, March. 1, 2023 – Consistent with typical seasonal behaviour 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…

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