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Stories Tagged - forecast

2024 Forecast Report
HOUSING MARKET

Jan. 22, 2024 | CREB

CREB® Unveils 2024 Forecast Calgary and Region Yearly Outlook Report

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.

2024 Forecast
CREB® NEWS

Oct. 31, 2023 | CREB

Elevate your real estate journey at Forecast

We are thrilled to invite you to the CREB® 2024 Forecast Conference, a groundbreaking event curated for everyone deeply connected to the world of real estate. Whether you're a real estate professional, a business owner in the industry, or simply someone passionate about real estate trends, this conference is tailored to provide you with unparalleled insights and opportunities.

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.

CREB®'s 2022 Forecast presenters, including keynote speakers Ann-Marie Lurie and Riaz Meghji.
News

Nov. 09, 2021 | Tyler Difley

CREB® reveals speaker lineup for 2022 Forecast

CREB® has unveiled the full speaker lineup for its 2022 Forecast event on Jan. 25.

CREB® Housing Market Stats
News

Jan. 05, 2021 | CREBNow

December 2020: Amidst economic challenges, housing market ends 2020 on a high note

With December sales of 1,199, this is the highest December total since 2007.

"Housing demand over the second half of 2020 was far stronger than anticipated and nearly offset the initial impact caused by the shutdowns in spring," said CREB® chief economist Ann-Marie Lurie.

News

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.

News

Oct. 22, 2020 | CREBNow

CREB® releases third-quarter housing market report

Third-quarter activity was far better than original expectations, as sales activity in the city improved by nearly 12 per cent over last year's levels.

Some of the shift in the third quarter reflects activity that likely would have occurred in the second quarter. The housing market also benefited from easing lending rates and previous price declines. Gains were driven by all property types except apartment condominiums.

Getty Images
News

July 15, 2020 | Tyler Difley

Bank of Canada stands pat on interest rates, forecasts GDP decline in 2020

The Bank of Canada has maintained its overnight rate target at 0.25 per cent, the effective lower bound, and released its updated outlook for the economy and inflation.

Getty Images
News

Jan. 10, 2020 | Barb Livingstone

The road ahead: Industry experts predict what 2020 might hold for Calgary real estate

Alan Tennant - CREB® CEO


There is nothing to indicate a major shift in the current
trajectory. I see cautious optimism among the development sector – they are not overbuilding in any sector – and that is a healthy sign. It comes down to consumer confidence. We have two elections behind us, which could have been destabilizing but weren't.

CREB®Now Archive
News

Jan. 10, 2018 | CREBNow

Two sides of the story

December sales activity rises again, but so does supply

Sales activity for all product types improved in December and pushed monthly sales to long-term averages for the second month in a row.

However, new listings also rose, keeping inventory elevated compared to typical levels for December. With more supply remaining compared to sales, benchmark prices edged down for the fifth consecutive month.

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