Market Update

Buyers CREB® Statistics – Amidst economic challenges, housing market ends 2020 on a high note The Calgary Real Estate Board (CREB®) has released their statistic report for December 2020.  A couple of quick statistics to take away from the article: With December sales of 1,199, this is the highest December total since 2007. Supply adjustments is causing sellers’ market conditions for detached homes across all districts except the West and […]
Buyers CREB® Statistics – Detached homes drive Calgary sales growth in October The Calgary Real Estate Board (CREB®) has released their statistic report for October 2020.  A couple of quick statistics to take away from the article: With strong gains in the detached sector, October sales in the city reached 1,764 units. This is a 23 per cent increase over last year and well above longer-term averages. […]
CREB® Statistics – Home sales rise along with supply The Calgary Real Estate Board (CREB®) has released their statistic report for September 2020.  A couple of quick statistics to take away from the article: September sales activity jumped to 1,702 units, the strongest September total since 2014. In detached homes, with significant gains in the $400,000 – $600,000 range, September sales are the highest […]
CREB® Statistics – COVID-19’s impact on Calgary housing market continues The Calgary Real Estate Board (CREB®) has released their statistic report for May 2020.  A couple of quick statistics to take away from the article: May sales totalled 1,080 units, a 44 per cent decline from last year’s figures. Sales are down in all price ranges, but a greater share of sales are priced below […]
CREB® Statistics – Calgary real estate market feeling impact of COVID-19 The Calgary Real Estate Board (CREB®) has released their statistic report for April 2020.  A couple of quick statistics to take away from the article: Detached sales eased by 63 per cent this month compared to last year, with the largest decline in the West district. April sales hit 573 units, a decline of 63 […]
CREB® Statistics – COVID-19 weighing on housing market The Calgary Real Estate Board (CREB®) has released their statistic report for March 2020.  A couple of quick statistics to take away from the article: By the end of March, sales activity had fallen 11 per cent compared to last year. This is 37 per cent lower than long-term averages. The drop in sales pushed […]
Buyers CREB® Statistics – Calgary’s real estate market in December caps off 2019 with more signs of stability The Calgary Real Estate Board (CREB®) has released their statistic report for December 2019.  A couple of quick statistics to take away from the article: December unadjusted benchmark prices were $418,500. This is just slightly lower than last month and one per cent below last year’s levels Improvements in the resale market have been mostly […]
CREB® Statistics – Calgary housing market still favours the buyer The Calgary Real Estate Board (CREB®) has released their statistic report for November 2019.  A couple of quick statistics to take away from the article: The detached unadjusted benchmark price was $481,500 in November, slightly lower than last month’s levels and two per cent below last year’s prices.   Apartment sales pulled back this month, […]
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CREB® Statistics – Shifting to stability The Calgary Real Estate Board (CREB®) has released their statistic report for September 2019.  A couple of quick statistics to take away from the article: In the condominium apartment market, sales improved by 16 per cent this month. This represents the segment’s best September since 2015.   Despite improving sales and reductions in inventory, the […]
CREB® Statistics – Sales improving and inventory declines for fourth month in a row The Calgary Real Estate Board (CREB®) has released their statistic report for July 2019.  A couple of quick statistics to take away from the article: Reduction in inventory has caused the months of supply in July to ease to 4.5 months, a significant improvement from the 5.5 months recorded last year.  Year-to-date sales for detached […]
CREB® Statistics – Oversupply is slowing, but a buyers’ market remains The Calgary Real Estate Board (CREB®) has released their statistic report for June 2019.  A couple of quick statistics to take away from the article: As of June, the benchmark price in the city was $425,700, nearly four per cent below last year’s levels While the market still favours the buyer – with 4.3 months […]
Sellers CREB® Statistics – Oversupply persists despite improved sales activity for affordable product The Calgary Real Estate Board (CREB®) has released their statistic report for March 2019.  A couple of quick statistics to take away from the article: With 6,595 units in inventory in March, the months of supply eased to five months. This is an improvement over the past several months, but still considered oversupplied when compared […]
Buyers CREB® Statistics – Housing market feels the chill as oversupply continues The Calgary Real Estate Board (CREB®) has released their statistic report for February 2019.  A couple of quick statistics to take away from the article: As of February, citywide benchmark prices were $414,400. This is nearly five per cent below last January, slightly lower than last month’s figures and over 10 per cent below highs […]
CREB® Statistics – New year kicks off with slow sales The Calgary Real Estate Board (CREB®) has released their statistic report for January 2019.  A couple of quick statistics to take away from the article: January sales totalled 804 units, 16 per cent below last year and 21 per cent below long-term averages for the month. Citywide residential benchmark prices eased to $414,800 in January. […]
Buyers 2019 CREB® Calgary Economic & Housing Outlook Report The Calgary Real Estate Board (CREB®) has released its full economic outlook and regional housing market forecast for 2019. A couple of quick keynotes to take away from the article looking into 2019: Sales in 2019 are expected to total 15,882 units. This is comparable to last year, but still well below historical levels. Persistent […]
CREB® Statistics – Job market weakness and lending restrictions a common thread in 2018’s housing market The Calgary Real Estate Board (CREB®) has released their statistic report for December 2018.  A couple of quick statistics to take away from the article: December sales totalled 794 units, a 21 per cent decline over the previous year. Inventory levels in December sat at 4,904 units. This is well above levels recorded last year […]
CREB® Statistics – Challenging economic conditions continue to impact the resale market The Calgary Real Estate Board (CREB®) has released their statistic report for November 2018.  A couple of quick statistics to take away from the article: For the year so far, sales activity has totaled 15,349 units, a 14 per cent decline over last year and nearly 20 per cent below long-term averages. The citywide benchmark […]
CREB® Statistics – Oversupplied market weighs on prices The Calgary Real Estate Board (CREB®) has released their statistic report for October 2018.  A couple of quick statistics to take away from the article: Citywide benchmark prices totaled $426,300 in October, trending down for the fifth consecutive month and resulting in a year-over-year decline of 2.9 per cent. Inventories and sales totaled 7,345 and […]
CREB® Statistics –Persistent buyers’ market continues The Calgary Real Estate Board (CREB®) has released their statistic report for September 2018.  A couple of quick statistics to take away from the article: The unadjusted citywide benchmark price totaled $428,700 in September. This is nearly one per cent below last month and three per cent below last year’s levels. The apartment sector has […]
Buyers CREB® Statistics – Unemployment rate slows housing market recovery The Calgary Real Estate Board (CREB®) has released their statistic report for August 2018.  A couple of quick statistics to take away from the article: Citywide benchmark prices edged down over previous months by 0.8 per cent and are 2.4 per cent below last year’s levels. Citywide sales totaled 1,490 units this month, down nearly […]