Calgary Real Estate Market Update - Mid Year 2018

Mid-Year 2018 – Market Update Mid-Year Housing Market Update: Still Sluggish Due to Economic Conditions Higher interest rates, stricter lending requirements and a lagging economy have slowed demand throughout the first six months of 2018. The result is fewer sales than originally forecasted. Ann-Marie Lurie, CREB® chief economist, said, “Soft sales along with increased inventories has […]

Calgary Real Estate Market Update - July 2018

July 2018 – Market Update Home Sales Limping Along in Calgary and Other Energy-Related Cities Many energy-related cities in Canada located in the provinces of Alberta and Saskatchewan have been experiencing a struggling housing market in the last few years, which has caused a decline in prices. Higher interest rates and the recently enacted changes […]

Calgary Real Estate Market Update - May 2018

May 2018 – Market Update Soft sales continue in April Changes to the lending industry and a challenging economic recovery are weighing on sales activity in Calgary’s housing market. Supply levels have not adjusted to the weaker demand environment, and that is preventing price recovery. “Slower sales do not come as a surprise, given the […]

Calgary Real Estate Market Update - April 2018

April 2018 – Market Update Inventory Rising on the Housing Market with Prices Remaining Stable Home sales have continued to be slow in Calgary during the first quarter of the year in Calgary. This was not unexpected since sales had ramped up towards the end of 2017 once the lending market changed. Sales this first […]