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Housing Market Stats

September 2021: Sales remain strong

Oct. 01, 2021 | CREBNow


Stories Tagged - supply

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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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.

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April 23, 2021 | Gerald Vander Pyl

New homes and renovation services now come at a premium, as lumber shortage drives up construction costs

Anyone who has walked into a hardware store lately is aware of the current price of lumber, a situation that is creating issues for the homebuilding and renovation industries in Calgary and across the country.

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April 15, 2021 | Mario Toneguzzi

Out of office: Royal LePage predicts price increases for Alberta vacation properties in 2021, as COVID-19 continues to drive up demand

More than a year after it began, the COVID-19 pandemic continues to spark increased interest in Alberta's recreational property market, as homebuyers seek an escape from congested cities.

Long-term remote work, which has been a reality for many Albertans for the last 12-plus months, has also made people realize that if they can work from anywhere, why not work from a cottage, cabin or waterfront property?
CREB® Housing Market Stats

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.

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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.

SOLA, a new "smart" condo development in Kensington, is one example of how developers are shaking up their offerings to stand out in a crowded marketplace. 
Courtesy of the Ocgrow Group of Companies

March 09, 2021 | Stefan Strangman

Adapt or die: Calgary condo developers embrace innovation and affordability to succeed in crowded COVID-19 market

COVID-19 has undoubtedly changed how Calgarians live their lives. According to market analysts, it has also started to affect where they live and how they buy homes, and condo developers have been forced to adapt.

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. 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.

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.

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