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Stories Tagged - CREB® Chief Economist Ann Marie Lurie

CREB®'s 2022 housing market forecast report for Calgary and surrounding areas is now available.
News

Jan. 25, 2022 | CREB

CREB® 2022 Forecast: Calgary housing market expected to remain strong this year after record-breaking 2021

CREB® has released its 2022 housing market forecast for Calgary and surrounding areas.

According to the report, housing market activity in 2022 is expected to moderate relative to record levels of activity in 2021, while remaining stronger than historical levels.

Housing Market Stats
News

Oct. 01, 2021 | CREBNow

September 2021: Sales remain strong

Residential sales totalled 2,162 in September, nearing the record high for the month recorded in 2005. Further gains in new listings likely supported some of the sales growth that occurred this month.

CREB® Housing Market Stats
News

Sept. 01, 2021 | CREBNow

August 2021: market continues shift toward more balanced conditions after torrid start to the year

Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends. Sales have slowed from the record-setting pace seen earlier this year, but on a year-to-date basis, the eight-month total of 19,516 sales is higher than annual sales figures recorded over the past six years.

CREB® Housing Market Stats
News

July 05, 2021 | CREBNow

June 2021: Supply trends up but market still favours the seller

Calgary's housing market is showing few signs of letting up, as sales reached 2,915 units in June – a record high for the month.

CREB® Housing Market Stats
News

June 14, 2021 | CREBNow

May 2021: inventory rises, but sellers' market conditions persist

With 2,989 sales, housing market activity hit a new May record.

Despite strong levels of sales, they did trend down relative to last month. Additionally, there were 4,562 new listings, causing seasonally adjusted inventory levels to increase over last month.

CREB® Housing Market Stats
News

May 03, 2021 | CREBNow

April 2021: Demand for homes remains high with record sales this month

There were 3,209 sales in April, a new record high for the month, as Calgary's housing market continues to bounce back from the pandemic lows recorded in 2020.

Getty Images
News

April 28, 2021 | Natalie Noble

Year one of COVID-19 pandemic brought sweeping changes to Calgary real estate and the way business is done

Whatever "new normal" is coming, the COVID-19 pandemic has reshaped many aspects of the real estate industry in Calgary and across Canada. From changes to the way homes are built, bought and sold, to shifts in buyer priorities and the economic forces at play, it's been a wild ride for REALTORS®, builders, homebuyers and everyone in between.

CREB® Housing Market Stats
News

April 01, 2021 | CREBNow

March 2021: Calgary housing market sees best March sales in over a decade

The initial impact of COVID-19 on the housing market began last March.

One year later, it is not a surprise that March sales in 2021 were higher than in 2020. However, at 2,903 sales, this was the highest March total since 2007.

Getty Images
News

March 16, 2021 | Josh Skapin

Detached-home sellers are in the driver's seat, as low mortgage rates fuel demand across Calgary

Enticing discount mortgage rates have helped put Calgary's detached home market in rare form.

CREB® Housing Market Stats
News

March 01, 2021 | CREBNow

February 2021: sellers' market leads to rising prices

With gains in every price range, residential sales activity in February totalled 1,836 units. This reflects the best February since 2014.

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