Calgary Real Estate Market Update - March 2022

March Sales Hit New Monthly High After Record High Set in February We not only saw record sales in February, but the trend continued in March with sales reaching another monthly high. On top of that, March sales broke all monthly records with all property types reaching new record highs. The uptick in new listings […]

Calgary Real Estate Market Update - January 2022

Prices Still Being Impacted by Sellers’ Market Conditions Sales continue to remain strong, while inventory levels continue their downward trend, now at just 2,620 units, which is the lowest since 2006. The result is a very low months of supply at 1.3 months, which is especially low for this early in the year. Because the […]

Calgary Real Estate Market Update - 2022 Forecast

After Breaking Records in 2021 the Housing Market in Calgary is Likely to Continue Strong in 2022 Compared to record-breaking sales in 2021, the forecast for Calgary’s housing market in 2022 is moderate. However, sales are expected to continue stronger than we’ve seen historically. Ann-Marie Lurie, CREB® Chief Economist says, “Despite challenges with COVID-19, we […]

Calgary Real Estate Market Update - November 2021

Prices Still Being Driven Up by Sellers’ Market Conditions There continues to be growing demand for all types of property, evidenced by 2,220 sales being closed in November. This is just a little less than the record number for November, which was set in 2005. According to Ann-Marie Lurie, CREB® Chief Economist, “Lending rates are […]