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Stories Tagged - Housing Market

Housing Market Stats

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.

Sept. 24, 2021 | Tyler Difley

Federal election recap: What does another Liberal minority mean for Calgary real estate?

Federal election day has come and gone. Now that the dust has settled – with the exception of a few hotly contested ridings where final votes are still being counted – we know that Justin Trudeau's Liberals will be returning to the House of Commons with another minority government.

CREB® Housing Market Stats

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.

July 14, 2021 | Andrea Cox

TikTok is becoming a valuable showcase for real estate, as REALTORS® carve out their place on the platform

During the pandemic, real estate and social media have become inseparable bedfellows, with many REALTORS® taking to Facebook, Twitter and Instagram to promote their listings. However, another platform with a young and diverse base of users, TikTok, is creating value for its adopters in the real estate industry.

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July 14, 2021 | Natalie Noble

CREA report highlights underappreciated benefits of homeownership

It's no surprise that homeownership can create significant financial benefits over time. What's often overlooked is the value of the non-financial advantages – to the individual, their community and society as a whole. In fact, the value of homeownership spans the realms of health, education, and civic and socio-cultural spheres.

CREB® Housing Market Stats

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.

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June 22, 2021 | Mario Toneguzzi

Latest stress test changes reduce buying power, impact first-time and move-up home purchasers in Calgary

Recent changes to the mortgage stress test designed to cool down hot housing markets across the country may make it more difficult for some Albertans to purchase a home.

CREB® Housing Market Stats

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.

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June 11, 2021 | Barb Livingstone

Calgary rental market struggles with high vacancy, but improvement is on the horizon

The COVID-19 vaccine rollout, a rosier economy and the opening of post-secondary institutions to in-person classes could all improve Calgary's residential rental vacancy rate by as early as this fall.

That's the prediction of industry watchers for a rental market that currently sits at a vacancy high of 6.6 per cent, although steady average monthly rents continue to be made even more attractive for renters by incentive offerings.

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May 25, 2021 | Josh Skapin

Market momentum: pandemic-related factors are increasing demand for $1-million-plus properties

The substantial growth seen in Calgary's detached resale market this year has been driven by the mid-range segment, but big-ticket listings are also bouncing back.

Between Jan. 1 and the end of April, 350 detached homes priced at $1 million or higher have changed hands in Calgary, according to CREB®. This represents a 289 per cent upswing from the 90 transactions that occurred over the same period a year ago.

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