Michael's Corner: Calgary Real Estate Advice & Analysis

Calgary Real Estate Market Update – October 2022

November 1, 2022 Despite a slight decline in 2022 October sales comparable to October 2021, the year-to-date market activity is still stronger than pre-covid long-term trends with 26,823 sales total in 2022. If the trend continues, it is likely that 2022 will be a record year for sales. While much o

Calgary Real Estate Market Update – September 2022

October 1, 2022 Demand for More Affordable Homes is Strong Sales remain strong for condominiums, apartments, and row houses but not strong enough to make up for the declining sales of more expensive property types. The result in September was a softening of sales in Calgary by nearly 12% compared to

Calgary Real Estate Market Update – March 2022

April 1, 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 high

Calgary Real Estate Market Update – January 2022

Febuary 1, 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 f