REALTORS® serving Calgary and area

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Calgary housing market expected to stabilize in 2023

Jan. 24, 2023

City of Calgary, Jan. 24, 2023 – The Calgary Real Estate Board (CREB®) has released its 2023 Forecast Calgary and Region Yearly Outlook Report. The report, which is prepared by CREB® Chief Economist Ann-Marie Lurie, provides a detailed analysis of the economic and housing market trends in Calgary and surrounding areas for the upcoming year.

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2022 saw record-high sales and double-digit price growth

Jan. 03, 2023

December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672 units in 2022.

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2022 on track to be a record year for sales

Dec. 01, 2022

City of Calgary, Dec. 1, 2022 – Residential sales in the city slowed to 1,648 units, a year-over-year decline of 22 per cent, but 12 per cent above the 10-year average.

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Sales remain stronger than pre-covid levels

Nov. 01, 2022

City of Calgary, Nov. 1, 2022 – October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector.

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Demand shifting to more affordable options

Oct. 03, 2022

City of Calgary, October 3, 2022 – Strong sales for condominium apartment and row properties was not enough to offset declines reported for other property types. This caused city sales to ease by nearly 12 per cent compared to last year. 

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Supply levels ease with fewer new listings in August

Sept. 01, 2022

City of Calgary, September 1, 2022 – August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month.

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CREB®'s Q2 2022 Housing Market Report

Aug. 16, 2022

City of Calgary, August 16, 2022 –

For the full report, please download CREB®'s Q2 2022 Calgary & Region Quarterly Update Report here.

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Detached home sales decline as apartment condominium sales rise

Aug. 02, 2022

City of Calgary, Aug. 2, 2022 – Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent lower than levels recorded last year. While this is the second month where sales activity has slowed, total residential sales this month are still amongst the strongest levels recorded in our market.

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Market continues to favour the seller despite slowing sales

June 01, 2022

City of Calgary, June 1, 2022 – For the second month in a row, sales activity trended down after all-time record high sales in March. While activity in the market slowed down in May with 3,071 sales, levels are still slightly higher than last year’s record high and are far stronger than typical levels of activity recorded in May.

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Sellers' market conditions continue in April

May 02, 2022

City of Calgary, May 2, 2022 – Following an all-time record high month of sales in March, activity slowed down in April. However, with 3,401 sales, it was still a gain of six per cent over last year and a record high for the month of April. 

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Contact CREB®

300 Manning Road N.E.
Calgary, Alberta
T2E 8K4, Canada


CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.

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