REALTORS® serving Calgary and area

Media Releases

Oversupply is slowing, but a buyers' market remains

July 02, 2019

City of Calgary, July 2, 2019 – New listings coming onto the market continued to decline in June, which is helping to reduce the oversupply of homes in Calgary.

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Sales activity improves for second consecutive month

June 03, 2019

City of Calgary, June 3, 2019 – Sales growth in May was met with a decline in new listings. This combination eased the pressure on inventory levels, which finished the month at 7,467 units, a decline of 12 per cent compared to last year.
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April brings a slight inventory decline

May 01, 2019

City of Calgary, May 1, 2019 – There have been no significant changes occurring in sales activity, but the number of new listings coming onto the market continues to ease relative to 2018 levels. 
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Oversupply persists despite improved sales activity for affordable product

April 01, 2019

City of Calgary, April 1, 2019 – March saw a modest decline in city wide sales activity compared to last year. However, sales have been rising for more affordable product in the detached and attached sectors.

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Housing market feels the chill as oversupply continues

March 01, 2019

City of Calgary, March 1, 2019 – The effects of Calgary’s economic climate continue to create weak sales activity and elevated inventory in the city’s housing market.

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New year kicks off with slow sales

February 06, 2019

City of Calgary, February 1, 2019 – As economic challenges linger into 2019, housing markets remain on a sluggish pace.

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Economic challenges to affect Calgary's housing market in 2019

January 30, 2019

Calgary, Jan. 30, 2019 – The challenging economic climate in Calgary is expected to persist into 2019.

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Job market weakness and lending restrictions a common thread in 2018's housing market

January 02, 2019

City of Calgary, January 2, 2019 –

As oversupply continues in Calgary’s housing market, December prices eased by one per cent compared to last month and are over three per cent below last December. 

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Challenging economic conditions continue to impact the resale market

December 03, 2018

City of Calgary, December 3, 2018 – Sitting below long-term averages, November sales in the city totaled 1,171 units. 
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Oversupplied market weighs on prices

November 01, 2018

Elevated inventory levels compared to sales, are causing prices to ease further in Calgary’s housing market.

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