Sales and new listings have improved over the levels reported at the beginning of the year. As a result, the spread between sales and new listings supported some expected monthly inventory level gains. However, the 3,233 available units reflected the lowest March inventory levels since 2006 and left the months of supply just above one month, firmly in the seller’s territory. While conditions are not as tight as last March, low inventory levels leave purchasers with limited choice, once again driving up home prices.

With Spring quickly approaching, the Calgary Sport and Social Club League (CSSC) has opened its 2023 registration!

Vintage is in this season! 

It’s time to dig up some dirt as the development of Clearwater Park residential begins in the City of Chestermere

Consistent with typical seasonal behavior sales, new listings and inventory levels all trended up compared to last month. However, with 1,740 sales and 2,389 new listings, inventory levels improved only slightly over the last month and remained amongst the lowest February levels seen since 2006.

What better excuse to practice some self-love than Valentine’s Day?  

Each season has its benefits when it comes to listing a home, so how can you take advantage of the chilly temperatures?

HBO’s highly anticipated video game adaptation, ‘The Last of Us’, premiered on Jan. 15, and not only was this show a hit, but it also hit close to home for Calgarians. 

The level of new listings in January fell to the lowest levels seen since the late 90s. While new listings fell in nearly every price range, the pace of decline was higher for lower-priced properties.

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.