Calgary Real Estate Market Update - September 2019

September 2019 – Market Update Overall Increase in Sales Activity Largely Due to Lower-Priced Homes The uptick in home sales during August was predominately spurred on by homes priced under $500,000. Increased sales combined with fewer new listings resulted in reduced inventories. Ann-Marie Lurie, CREB® chief economist said, “There has been an improvement in employment numbers, […]

Calgary Real Estate Market Update - August 2019

August 2019 – Market Update Four Straight Months Now of Growing Sales & Declines in Inventory For four straight months there have been declining inventories compared to 2018. This is the result of an uptick in sales and the slowing of new listings. However, Calgary is still experiencing a buyer’s market. For the market to […]

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 […]