City of Calgary, February 3, 2020 – Housing market conditions continue to follow similar trends to last year, with gains in sales. At the same time, there have been further reductions in new listings, inventory and more declines in prices. January sales activity was 863 units, nearly eight percent higher than last year’s levels. While…
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Calgary’s real estate market in December caps off 2019 with more signs of stabilityCity of Calgary, January 2, 2020 December sales improved to levels more consistent with activity recorded over the past five years. This follows a weak sales activity last year. A stronger second half in 2019 was enough to push annual sales up…
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City of Calgary, October 1, 2019 – For the third consecutive month, sales activity improved over last year’s figures, and year-over-year new listings and inventories eased. This trend will help support more stability in the housing market. “Price declines have likely brought some buyers back into the market,” said CREB® chief economist Ann-Marie Lurie, noting…
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City of Calgary, September 3, 2019 – Increased sales and easing new listings reduced housing inventories in August. Sales were primarily driven by homes priced below $500,000. “Employment numbers have been improving, but mostly in industries that are traditionally lower-paid,” said CREB® chief economist Ann-Marie Lurie. “This is contributing to the shift that we are…
Read MoreCity of Calgary, June 3, 2019 Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12 percent compared to last year. Improving sales relative to inventory levels caused the months of supply to ease…
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