Calgary Real Estate Market Update-June 2024

July 2, 2024June Sales decline amid supply challenges and rising prices Sales in June totaled 2,738, reflecting a 13% decrease from last year’s record high. While there was an improvement in sales for homes priced above $700,000, it wasn’t enough to counteract declines in lower price ranges. Despite the decrease in June sales, they remain … Continue reading "Calgary Real Estate Market Update-June 2024"

Calgary Real Estate Market Update- May 2024

June 3, 2024Calgary home sales remain robust despite supply shortages in lower price rangesIn a market that continues to show resilience, May saw a total of 3,092 resale home sales. While this figure is nearly one per cent below last year’s record high, it is 34 per cent higher than long-term trends for the month. … Continue reading "Calgary Real Estate Market Update- May 2024"

Calgary Real Estate Market Update-April 2024

May 1, 2024Price growth persists in Calgary as seller’s market prevailsIn April, Calgary’s real estate market maintained its momentum with a seven per cent increase in sales compared to last year, reaching 2,881 units. Although the growth rate moderated compared to earlier in the year, sales remain 37 per cent above long-term trends for the … Continue reading "Calgary Real Estate Market Update-April 2024"

Calgary Real Estate Market Update-March 2024

April 1, 2024March reflects strong seller’s market and price increasesMarch sales rose to 2,664 units, a 10 per cent year-over-year gain and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March and not enough relative to sales to … Continue reading "Calgary Real Estate Market Update-March 2024"