Michael's Corner: Calgary Real Estate Advice & Analysis

Calgary Real Estate Market Update – December 2023

January 2, 2024Strong migration and low supply drive Calgary housing prices in 2023In 2023, the real estate market experienced a relative ease in sales compared to the previous year’s peak, recording 27,416 sales. Despite this decrease, sales remained considerably higher than pre-pandemic levels. No

Calgary Real Estate Market Update – November 2023

December 1, 2023 Increased Listings, Strong Sales, and Continued Price GrowthIn November, the real estate market demonstrated robust performance, marked by a notable surge in new listings, strong sales, and sustained price growth.New listings soared to 2,227 units, representing an impressive 40% inc

Calgary Real Estate Market Update – April 2023

May 1, 2023Prices rise to a new record level.Home prices were under additional upward pressure in April as a result of the ongoing seller’s market. After four months of consistent increases, the overall unadjusted benchmark price increased to $550,800, a new monthly high for the city and about 2% hi

Calgary Real Estate Market Update – March 2023

April 1, 2023 Prices increase as conditions suit the sellerSales and new listings are now higher than they were at the start of the year. As a consequence, some anticipated monthly inventory level gains were supported by the difference between sales and new listings. The months of supply were just a