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 […]

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 […]