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Persistent sellers' market conditions drive up prices

Dec. 01, 2021

City of Calgary, Dec. 1, 2021 – Driven by growth in demand for all property types, there were 2,110 sales in November, just shy of the record for the month set in 2005.

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Market continues to favour the seller in October

Nov. 01, 2021

City of Calgary, Nov. 1, 2021 – There were 2,186 sales in October, a record high for the month and over 35 per cent higher than longer-term averages. Year-to-date sales are on pace to hit new record highs and are currently 61 per cent higher than average activity recorded over the past five years and 42 per cent higher than 10-year averages.
 
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Sales remain strong in September

Oct. 01, 2021

City of Calgary, Oct. 1, 2021 – 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. 

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Market continues shift toward more balanced conditions after torrid start to the year

Sept. 01, 2021

City of Calgary, Sept. 1, 2021 – Citywide sales in August reached 2,151 units, 37 per cent higher than last year and 25 per cent higher than long-term trends. 

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Price growth slows as supply to demand balance improves

Aug. 03, 2021

City of Calgary, August 3, 2021 – July sales totaled 2,319 units, which is well above long-term averages and the best July on record. The pace of sales growth has eased over the past few months, but so too has the pace of new listings growth. This has helped prevent any further monthly gains in inventory levels, and while overall supply remains slightly higher than last July, it’s mostly due to gains in apartment and row product.

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Supply trends up, but market still favours the seller

July 02, 2021

City of Calgary, July 2, 2021 –

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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Inventory rises, but sellers' market conditions persist

June 01, 2021

City of Calgary, June 1, 2021 –

With 2,989 sales, housing market activity hit a new May record.

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Demand for homes remains high with record sales in April

May 03, 2021

City of Calgary, May 3, 2021 –

There were 3,209 sales in April, a new record high for the month, as Calgary's housing market continues to bounce back from the pandemic lows recorded in 2020.

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CREB®'s Q1 2021 Housing Report Released

April 20, 2021

City of Calgary, April 20, 2021 –

For the full report, please download CREB®’s Q1 2021 Calgary & Region Quarterly Update Report here.

The economic challenges associated with COVID-19 brought about a dramatic rate cut from the Bank of Canada and an even more significant drop in the discount rates for mortgages.

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Calgary housing market sees best March sales in over a decade

April 01, 2021

Persistent sellers’ market conditions contribute to price gains

City of Calgary, April 1, 2021 – The initial impact of COVID-19 on the housing market began last March.

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