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 […]

Calgary Real Estate Market Update - March 2019

March 2019 – Market Update Housing Market Still Chilly Due to Persistent Oversupply Calgary’s weak economy continues to contribute to soft sales in a housing market with elevated inventory. The result of this is certainly reflected in prices. “The ongoing slow down in home sales continuing into February is no surprise,” said Ann Marie Lurie, […]

Calgary Real Estate Market Update - February 2019

February 2019 – Market Update January Kicks Off 2019 with Sluggish Home Sales The economic challenges of 2019 continue into the New Year with Calgary’s housing market still moving at a snail’s pace. Home sales in January reached only 804 units, which is 16% lower than January 2018 and 21% lower than the long-term January […]

Calgary Real Estate Market Update - January 2019

January 2019 – Market Update Oversupply Continues to Affect the Housing Market in Calgary Home prices in Calgary were down 1% in December compared to November and are more than 3% below December 2017, due to the ongoing oversupply. Sales came to a total of 794 units in December, which is a stark 21% decline […]