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Stories Tagged - Forecast 2021

News

Feb. 02, 2021 | CREBNow

Top Considerations & Risks

UPSIDE RISK TO THE FORECAST:

Government support and the low interest rate environment may be enough to prevent any substantial rise in supply levels. If supply levels remain relatively low, prices could continue to trend up at a faster pace throughout the year.

News

Feb. 02, 2021 | CREBNow

City of Calgary

The city started 2020 with the expectation things were going to be better following five years of slow activity.

News

Feb. 02, 2021 | CREBNow

Housing Market – Row

Row sales activity recorded the strongest growth relative to the other property types in 2020.

News

Feb. 02, 2021 | CREBNow

Housing Market – Semi-Detached

A significant drop in inventory and stable sales in 2020 pushed the semi-detached sector into the tightest conditions seen since 2014.

News

Feb. 02, 2021 | CREBNow

Housing Market – Detached

Over the past two years, the detached sector has struggled with slower sales and elevated inventory. Lower lending rates and low prices contributed to the rebound in detached sales in the second half of the year.

News

Feb. 02, 2021 | CREBNow

Employment Update

Calgary was already experiencing some job losses prior to the spring shutdown. However, the three-month shutdown resulted in a dramatic decline in employment.

News

Feb. 02, 2021 | CREBNow

Chestermere

Activity in the region completely turned around last year following the weakness recorded in 2019.

News

Feb. 02, 2021 | CREBNow

High River

Stronger sales in the second half of the year offset earlier pullbacks, resulting in a sales increase of 12 per cent in 2020.

News

Feb. 02, 2021 | CREBNow

Coast to Coast – A Cross-Country Comparison

COVID-19 has impacted all areas across the country, but in markets like Toronto, Vancouver and Montreal, sellers' market conditions existed before the pandemic.

News

Feb. 02, 2021 | CREBNow

Alberta: Housing Market Comparison

All major markets across the province felt the impact of the shutdowns in the early part of 2020.

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CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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