REALTORS® serving Calgary and area

Media Releases

August sees record-high sales amidst historic low inventory, pushing prices higher

Sept. 01, 2023

City of Calgary, September 1, 2023 – Thanks to a surge in the condominium market, August sales reached a record high with 2,729 sales. Despite the record levels reported over the past several months, year-to-date sales are still down by 15 per cent compared to last year.

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CREB®'s Q2 2023 Housing Market Report

Aug. 16, 2023

City of Calgary, Aug. 16, 2023 – The Calgary Real Estate Board (CREB®) has released its Q2 2023 Housing Market Report. The report highlights a dynamic real estate landscape in the City of Calgary, showcasing strong trends in sales, demand and pricing.

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Calgary home prices reach new heights: July sees seventh consecutive monthly gain

Aug. 01, 2023

City of Calgary, August 1, 2023 – Rising rates had little impact on sales this month as the 2,647 sales represented a year-over-year gain of 18 per cent, reflecting the strongest July levels reported on record. The record-setting pace has been driven mainly by significant gains in the relatively affordable apartment condominium sector. Despite recent gains, year-to-date sales have declined by 19 per cent over last year.

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Another record-high month for Calgary

July 04, 2023

City of Calgary, July 4, 2023 – The housing market in Calgary witnessed a surge in apartment condominium sales, setting a new total residential record with 3,146 sales achieved in June. Although year-to-date sales are currently 23 percent lower than last year, they remain significantly higher than pre-pandemic levels.

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May sales reach a record high

June 01, 2023

City of Calgary, June 1, 2023 – Thanks to a significant gain in apartment condominium sales, May sales rose to 3,120, a new record high for the month. While the monthly gains have not outweighed earlier declines, this does reflect a shift from the declines reported at the start of the year.
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Calgary and area REALTOR® community to invest in local housing and shelter initiatives

May 23, 2023

City of Calgary, May 23, 2023 – Applications are now open for CREB® REALTOR® Community Foundation’s Community and Transformation Grants to support local housing and shelter initiatives.

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Prices reach new record high

May 01, 2023

City of Calgary, May 1, 2023 - Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city. 

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CREB®'s Q1 2023 Housing Market Report

April 27, 2023

City of Calgary, April 27, 2023  –  Sales activity has behaved as expected through the start of 2023 and slowed by 43 per cent over last year’s all-time record-high performance in the first quarter. The steeper decline in the first quarter was expected, given the surge in sales last year, as purchasers were eager to enter the market ahead of expected rate gains.

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Prices rise as conditions favour the seller

April 03, 2023

City of Calgary, April 3, 2023 - Sales and new listings have improved over the levels reported at the beginning of the year. As a result, the spread between sales and new listings supported some expected monthly inventory level gains. However, the 3,233 available units reflected the lowest March inventory levels since 2006 and left the months of supply just above one month, firmly in the seller’s territory. While conditions are not as tight as last March, low inventory levels leave purchasers with limited choice, once again driving up home prices.

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CREB® members vote down merger with AREA

March 15, 2023

City of Calgary, March 15, 2023 – At a Special General Meeting (SGM) held today, Calgary Real Estate Board (CREB®) voted down a resolution to dissolve its operations, a move that would have initiated a merger with the Alberta Real Estate Association (AREA).

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