Calgary Real Estate Market Update - July 2019

July 2019 – Market Update Oversupply is Easing, but a Buyers’ Market Still Exists in Calgary The decline of new listings continued throughout June, helping to ease the oversupply of homes for sale in Calgary. New listings year-over-year experienced a decline of almost 19% with sales slowing in June by 6% compared to 2018. The […]

Calgary Real Estate Market Update - June 2019

June 2019 – Market Update Sales Growth & Fewer New Listings in May Led to Decline in Inventory Levels Last month’s growth in sales, combined with fewer new listings led to a softening of inventory levels, resulting in 7,467 units at the end of May. This represents a 12% decline compared to 2018. Growing sales […]

Calgary Real Estate Market Update - May 2019

May 2019 – Market Update April Brought No Significant Changes in Citywide Sales Activity No major changes in sales activity occurred this past month, however, the number of new listings does continue to decline when compared to 2018 levels. This decline has been sufficient enough to chip away at inventory levels overall, which have softened […]

Calgary Real Estate Market Update - April 2019

April 2019 – Market Update Increased Sales for Affordable Housing Has Not Reduced Oversupply Overall, there was a slight decline in sales activity across the city in March, compared to 2018. However, sales have increased for the more affordable attached and detached homes. Shifts occurring at the lower end of the housing market have not […]