REALTORS® serving Calgary and area

Media Releases

Housing market set for favourable lead into spring

April 03, 2017

Detached prices stabilize as city-wide inventory trends down

After a long period of disconnect between supply and demand, Calgary's detached housing sector is firmly in balanced territory. Sales were still 10 per cent below long-term trends in March, but above levels seen in recent years, while average inventory declined compared to last year, supporting price stability in the detached market.

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A transition in the making

March 10, 2017

Detached sales activity boosts February housing market

After the first two months of the year, Calgary's detached sector continues to drive a slow transition in the housing market. February sales totaled 1,342 units, which is still 19 per cent below long-term averages, but an improvement over the past two years.
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January market improves over last year

February 01, 2017

City of Calgary, Feb. 1, 2017 – For the fourth consecutive month, housing inventory levels have recorded year-over-year declines. At 4,112 total units, January's inventory was 18 per cent below last year's levels.

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CREB® forecasts a slow transition for housing in 2017

January 11, 2017

Calgary, Jan. 11, 2017 – After a long period of economic downturn, Calgary’s housing market is expected to see some price stability in 2017, but not across all market segments and property types. Both detached and attached prices remain unchanged over 2016 levels, while apartment is forecasted to contract by another two per cent.

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November sales slide into old patterns

December 01, 2016

City of Calgary– Coming off a month of stronger sales activity, November’s housing market returned to previous trends. Year-over-year monthly sales totaled 1,227 units, which is nearly three per cent lower than last year and 17 per cent below long-term averages.

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Home sales rebound in October

November 01, 2016

City of Calgary – For the first time in two years, sales activity in October resembled normal levels. City-wide sales totaled 1,644 units, which is an increase of nearly 16 per cent over last year.

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CREB® Charitable Foundation offers HOPE to those who need it most

October 01, 2016

Calgary, Alberta – In keeping with its long-legacy of giving, CREB® Charitable Foundation has awarded $180,000 in grant funding to local non-profits selected by REALTORS® through its Investing in HOPE program.

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Detached prices stabilize in soft market

September 01, 2016

City of Calgary – The segment of Calgary’s housing market with the greatest influence on the overall market is showing signs of pricing stability. The detached benchmark price totaled $503,400 in September, which is 3.3 per cent below last year, but the second consecutive month at this price level.
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Soft demand to impact home prices, CREB® forecasts

August 12, 2016

Calgary, Alberta – The economic situation in Alberta has impacted all aspects of the economy, including housing demand. However, price declines have been only slightly lower than expectations, as easing amounts of new listings has prevented steeper gains in supply levels, CREB® said today in its 2016 mid-year update.

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Detached versus higher-density segments: two very different stories in August

August 01, 2016

City of Calgary – Overall sales activity was down again in August, totaling 1,567. However, this figure does not reflect the big differences in activity between the detached sector, versus the high density apartment and attached segments of the market.

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