REALTORS® serving Calgary and area

Media Releases

Local REALTORS® to invest $500,000 into housing and shelter initiatives

May 22, 2024

City of Calgary, May 21, 2024 – 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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Price growth persists in Calgary as seller's market prevails

May 01, 2024

City of Calgary, May 1, 2024 – Sales in April rose by seven per cent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 per cent higher than long-term trends for the month. Much of the growth in sales has occurred for relatively more affordable, higher-density products.

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March reflects strong seller's market and price increases

April 01, 2024

City of Calgary, April 1, 2024 – March sales rose to 2,664 units, a 10 per cent year-over-year gain and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March and not enough relative to sales to drive any change in the supply situation. In March, the sales-to-new listings ratio rose to 84 per cent, and the months of supply fell below one month.

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Low inventory and high demand drive price gains in February

March 01, 2024

City of Calgary, March 1, 2024 – New listings continued to rise in February, reaching 2,711 units. However, the rise in new listings supported further growth in sales, which increased by nearly 23 per cent compared to last year for a total of 2,135 units. The shift in sales and new listings kept the sales-to-new listings ratio exceptionally high at 79 per cent, ensuring inventories remained near historic lows. Low supply and higher sales caused the months of supply to fall to just over one month, nearly as tight as levels seen during the spring of last year.

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CREB® welcomes Marco De Iaco as first public director

Feb. 29, 2024

Calgary, AB – Thursday, Feb. 29, 2024 – The Calgary Real Estate Board (CREB®) is pleased to announce the appointment of Marco De Iaco, a distinguished executive and community leader, to its Board of Directors. This landmark appointment signifies a significant milestone as Marco assumes the role of the first-ever public director to join the board.

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CREB® opposes City proposal on blanket rezoning

Feb. 13, 2024

Calgary, AB – Tuesday, Feb. 13, 2024 – With a clear focus on protecting Calgary's communities and advocating for a more nuanced approach to zoning, the Calgary Real Estate Board (CREB®) has issued a statement expressing concerns over the proposed blanket rezoning initiative set forth by the City of Calgary.

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January sees strong sales fueled by boost in new listings

Feb. 01, 2024

City of Calgary, Feb. 1, 2024 – January sales rose to 1,650 units, a significant gain over last year's levels and long-term trends. The growth was possible thanks to a rise in new listings totalling 2,137 units in January. New listings rose for homes priced above $300,000, but the largest gains occurred for homes priced above $700,000.

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CREB® Unveils 2024 Forecast Calgary and Region Yearly Outlook Report

Jan. 23, 2024

City of Calgary, Jan. 23, 2024 – 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.

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Strong migration and low supply drive Calgary housing prices in 2023

Jan. 02, 2024

City of Calgary, Jan. 2, 2024 – Sales in 2023 did ease relative to last year's peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. While sales stayed relatively strong, there was a notable shift in activity toward more affordable apartment condominiums style homes.

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Increased listings, strong sales, and price growth

Dec. 01, 2023

City of Calgary, Dec. 1, 2023 – New listings in November reached 2,227 units, nearly 40 per cent higher than the exceptionally low levels reported last year at this time. Gains in new listings occurred across most price ranges, but the most significant gains occurred from homes priced over $600,000.

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