REALTORS® serving Calgary and area

 

CREB Now Logo

Calgary's trusted source of real estate news, advice and statistics since 1983.

 

Housing Market Stats

September 2021: Sales remain strong

Oct. 01, 2021 | CREBNow


Stories Tagged - CREB Chief Economist Ann Marie Lurie

Nov. 30, 2020 | CREBNow

CREB® Forecast goes virtual in 2021

CREB®'s annual Forecast real estate event returns on Jan. 26, 2021 with an all-new virtual format. So, grab your ticket, put on your headset, and get ready to immerse yourself in a one-of-a-kind real estate experience.

Cochrane's Men of Vision statue looks out over the town, where COVID-19 has fuelled an increase in home sales this year.
Courtesy of the Town of Cochrane

Nov. 20, 2020 | Josh Skapin

COVID-19 is boosting home sales in Calgary suburbs, surrounding areas – will that momentum last?

With many people trading in their downtown commute for a home office due to the COVID-19 pandemic, proximity to the city centre has been less of a priority for house hunters this year.

In fact, a new emphasis on creating comfortable, productive workspaces within the home and the reduced importance of living anywhere near the office have increased buyer interest in areas just outside Calgary's city limits – where prices are lower and space is plentiful.

CREB® Housing Market Stats

Nov. 03, 2020 | CREBNow

October 2020: detached homes drive Calgary sales growth

With strong gains in the detached sector, October sales in the city reached 1,764 units. This is a 23 per cent increase over last year and well above longer-term averages.

The gain in citywide residential sales outpaced the growth in new listings, supporting tighter market conditions and improving prices.

Oct. 01, 2020 | CREBNow

September 2020: home sales rise along with supply

September sales activity jumped to 1,702 units, the strongest September total since 2014.

New listings in September improved over last month, but levels remained comparable to the previous year. The increase in sales relative to new listings did prevent any monthly gains in inventory levels, but supply in the market is still down 12 per cent compared to last year.

Getty Images

June 19, 2019 | Mario Toneguzzi

Too much of a good thing: Oversupply continues to weigh on Calgary condo market

With housing affordability continuing to be a major concern these days, particularly due to the mortgage stress test, you would think that the lower-priced options in the condo segment would benefit. However, that has not been the case in the Calgary resale housing market, where sales numbers and prices continue to suffer.

The reason for this is simple – an oversupply of properties for sale.

Cody Stuart / CREB®Now

April 10, 2019 | Jim Zang

Federal budget addresses housing affordability with first-time buyer incentive

Housing affordability was centre stage when the federal government announced the new First-Time Home Buyer Incentive program as part of their 2019 budget, and it promises to be a big campaign issue this fall.

Oct. 12, 2018 | CREBNow

August 2018: Unemployment rate slows housing market recovery

Easing sales, gains in new listings and elevated inventory levels continue to slow Calgary's recovery in the housing market in August.

Oct. 12, 2018 | CREBNow

September 2018: Persistent buyers' market continues

With no change in the economic climate, Calgary's sales activity totalled 1,272 units in September, a 13 per cent decline over the previous year and well below long-term averages. There was a pullback in sales across all product types, most notably the detached market.

Getty Images

Oct. 04, 2018 | CREBNow

Why is the housing market struggling to recover?

A CREB® 2018 Calgary Economic & Housing Outlook Mid-Year Update Summary

Stricter lending conditions, a rise in interest rates, persistently high unemployment and slow economic recovery have weighed on housing demand so far this year.

Getty Images

Nov. 22, 2017 | Mario Toneguzzi

Condo conundrum

A closer look at the numbers behind Calgary's apartment-style housing market

Statistics Canada recently released an interesting piece of information regarding Calgary's residential real estate market that went relatively unnoticed.

According to the government agency, the share of households in the Calgary census metropolitan area living in condominiums was 21.8 per cent in 2016. That represented the second highest percentage in the country, behind only Vancouver at 30.6 per cent, and was much higher than the national average of 13.3 per cent.

Prev| 1 2 3...1415 |Next


Connect With Us