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Calgary housing market still favours the buyer

Dec. 02, 2019

City of Calgary, December 2, 2019 – Year-to-date residential sales in the city remain just above last year’s levels due to improvements in the attached sector so far this year.

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Homes under $500,000 moving to more balanced conditions

Nov. 01, 2019

City of Calgary, November 1, 2019 – Sales activity in October improved by nearly 10 per cent compared to last year, driven mostly by improvements for apartment and attached product.

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Third quarter 2019 housing market update: Stronger sales driven by affordable product and supply reduction

Oct. 22, 2019

City of Calgary, October 22, 2019 – Third-quarter activity continues to show signs of improvement. Similar to last quarter, much of the improvement in the market has been driven by supply adjustments.

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Sales activity increase led by lower-priced homes

Sept. 03, 2019

City of Calgary, September 3, 2019 – Increased sales and easing new listings reduced housing inventories in August. Sales were primarily driven by homes priced below $500,000.

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Mid-year market update: Modest supply reductions may signal shift to balanced housing market by end of year

July 22, 2019

City of Calgary, July 22, 2019 – A struggling energy sector continues to weigh on the overall economy. Unemployment levels remain elevated and income growth remains weak.

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Oversupply is slowing, but a buyers' market remains

July 02, 2019

City of Calgary, July 2, 2019 – New listings coming onto the market continued to decline in June, which is helping to reduce the oversupply of homes in Calgary.

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Sales activity improves for second consecutive month

June 03, 2019

City of Calgary, June 3, 2019 – Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12 per cent compared to last year.
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April brings a slight inventory decline

May 01, 2019

City of Calgary, May 1, 2019 – There have been no significant changes occurring in sales activity, but the number of new listings coming onto the market continues to ease relative to 2018 levels. 
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Oversupply persists despite improved sales activity for affordable product

April 01, 2019

City of Calgary, April 1, 2019 – March saw a modest decline in city wide sales activity compared to last year. However, sales have been rising for more affordable product in the detached and attached sectors.

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Housing market feels the chill as oversupply continues

March 01, 2019

City of Calgary, March 1, 2019 – The effects of Calgary’s economic climate continue to create weak sales activity and elevated inventory in the city’s housing market.

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