Calgary Real Estate Market Update – June 2019

June 2019 – Market Update Sales Growth & Fewer New Listings in May Led to Decline in Inventory Levels Last month’s growth in sales, combined with fewer new listings led to a softening of inventory levels, resulting in 7,467 units at the end of May. This represents a 12% decline compared to 2018. Gro

Calgary Real Estate Market Update – May 2019

May 2019 – Market Update April Brought No Significant Changes in Citywide Sales Activity No major changes in sales activity occurred this past month, however, the number of new listings does continue to decline when compared to 2018 levels. This decline has been sufficient enough to chip away at inv

Calgary Real Estate Market Update – April 2019

April 2019 – Market Update Increased Sales for Affordable Housing Has Not Reduced Oversupply Overall, there was a slight decline in sales activity across the city in March, compared to 2018. However, sales have increased for the more affordable attached and detached homes. Shifts occurring at the lo

Calgary Real Estate Market Update – March 2019

March 2019 – Market Update Housing Market Still Chilly Due to Persistent Oversupply Calgary’s weak economy continues to contribute to soft sales in a housing market with elevated inventory. The result of this is certainly reflected in prices. “The ongoing slow down in home sales continuing into Febr