The Calgary Real Estate Board (CREB^®) is pleased to announce the release of its highly anticipated 2024 Forecast Calgary and Region Yearly Outlook Report. This comprehensive report, prepared by CREB^® Chief Economist Ann-Marie Lurie, offers a detailed analysis of Calgary's economic and housing market trends and surrounding areas for the upcoming year.

CREB^® REALTOR^® Community Foundation awarded the 2023 Transformation Grants to Accessible Housing Society, Calgary Drop-In and Rehab Centre Society, Unison at Kerby Centre, Rocky View Foundation, and McMan Youth, Family and Community Services.

Sales in 2023 did ease relative to last year's peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. While sales stayed relatively strong, there was a notable shift in activity toward more affordable apartment condominiums style homes. 

Are you buying a new home or thinking about renovating? Check out the upcoming trends that will elevate your home and transform it into your dream space this year.

As technology advances, smart devices have evolved to bring comfort, convenience and energy efficiency to our homes. From effortless lighting that elevates a room to easily accessible fitness classes, here are some devices we’re excited about this year: 

New listings in November reached 2,227 units, nearly 40 per cent higher than the exceptionally low levels reported last year at this time. Gains in new listings occurred across most price ranges, but the most significant gains occurred from homes priced over $600,000.