Michael's Corner: Calgary Real Estate Advice & Analysis

Calgary Real Estate Market Update-April 2025

May 1, 2025 Balanced conditions take pressure off pricesA boost in new listings this month relative to sales caused April inventories to rise to 5,876 units. Although this is more than double the number reported last year, last year’s supply was exceptionally low, and current inventory levels are co

Calgary Real Estate Market Update-March 2025

April 1, 2025 Uncertainty weighing on housing marketOngoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing activity in March. Sales declined by 19 per cent year-over-year, totaling 2,159 units. Sales slowed across all property types, with the

Calgary Real Estate Market Update-February 2025

March 3, 2025 Sales remain above long-term trends despite declines Inventory levels saw substantial year-over-year growth for the second month in a row, rising by 76 per cent to 4,145 units in February. While inventory increases were seen across all price ranges, the largest increases were in homes

Calgary Real Estate Market Update-January 2025

February 3, 2025 Supply levels improve in January Following three consecutive years of limited supply choice, inventory levels in January rose to 3,639 units. While the 70 per cent year-over-year gain is significant, inventory levels remain lower than the over 4,000 units we would typically see in J