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COVID-19 weighing on housing market

April 01, 2020

City of Calgary, April 1, 2020 –

After a strong start to 2020, economic conditions have dramatically changed, as COVID-19 is impacting all aspects of society.

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2020 opens with a slight gain in sales

February 03, 2020

City of Calgary, February 3, 2020 –

Housing market conditions continue to follow similar trends to last year, with gains in sales.

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Calgary's housing market expected to support more stable conditions in 2020

January 14, 2020

Calgary, Jan. 14, 2020 – Since the oil price crash, Calgary has faced job losses, wage reductions and tightening national housing policy. These factors have all contributed to the slower sales environment, excess supply and citywide price adjustments of more than 10 per cent.

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Calgary housing market still favours the buyer

December 02, 2019

City of Calgary, December 2, 2019 – Year-to-date residential sales in the city remain just above last year’s levels due to improvements in the attached sector so far this year.

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Homes under $500,000 moving to more balanced conditions

November 01, 2019

City of Calgary, November 1, 2019 – Sales activity in October improved by nearly 10 per cent compared to last year, driven mostly by improvements for apartment and attached product.

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Third quarter 2019 housing market update: Stronger sales driven by affordable product and supply reduction

October 22, 2019

City of Calgary, October 22, 2019 – Third-quarter activity continues to show signs of improvement. Similar to last quarter, much of the improvement in the market has been driven by supply adjustments.

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Sales activity increase led by lower-priced homes

September 03, 2019

City of Calgary, September 3, 2019 – Increased sales and easing new listings reduced housing inventories in August. Sales were primarily driven by homes priced below $500,000.

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Mid-year market update: Modest supply reductions may signal shift to balanced housing market by end of year

July 22, 2019

City of Calgary, July 22, 2019 – A struggling energy sector continues to weigh on the overall economy. Unemployment levels remain elevated and income growth remains weak.

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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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