Media Releases
Supply levels improving for higher-priced homes
Nov. 01, 2024
Calgary, Alberta, November 1, 2024 – Sales gains for homes priced above $600,000 offset declines at the lower end of the market, resulting in October sales that were similar to last year. The 2,174 sales in October increased over September and stood 24 per cent above long-term trends for the month.
CREB® REALTORS® improve housing and shelter quality for local communities
Oct. 07, 2024
City of Calgary, Oct. 7, 2024 – CREB® REALTOR® Community Foundation has awarded Community Grants to L’Arche Association of Calgary, HomeSpace Society, The Mustard Seed, and Discovery House Family Violence Prevention Society.
New listing growth driven by higher-priced homes
Oct. 01, 2024
Calgary, Alberta, October 1, 2024 – Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year's record high. Despite the decline, sales this month were still over 16 per cent higher than levels traditionally achieved in September.
Calgary housing market sees shifts
Sept. 03, 2024
Calgary, Alberta, September 3, 2024 - Housing activity continues to move away from the extreme sellers’ market conditions experienced throughout the spring. Easing sales, combined with gains in supply, pushed the months of supply above two months in August, a level not seen since the end of 2022.
Supply levels improve, taking some pressure off prices
Aug. 01, 2024
CREB® releases Q2 2024 Calgary and region housing market report
July 19, 2024
City of Calgary, July 19, 2024 — The Calgary Real Estate Board (CREB®) has released its Q2 2024 housing market report, providing an overview of the real estate landscape in Calgary and surrounding areas. The report showcases trends in sales and pricing, offering valuable insights for industry professionals and prospective homebuyers and sellers.
June sales decline amid supply challenges and rising prices
July 02, 2024
City of Calgary, July 2, 2024 — Sales in June reached 2,738, marking a 13 percent decline from last year’s record high. Although sales improved for homes priced above $700,000, it was not enough to offset the declines reported in the lower price ranges. Despite the easing in June sales, they remain over 17 percent higher than long-term trends.
Calgary home sales remain robust despite supply shortages in lower price ranges
June 03, 2024
City of Calgary, June 3, 2024 — In a market that continues to show resilience, May saw a total of 3,092 resale home sales. While this figure is nearly one per cent below last year's record high, it is 34 per cent higher than long-term trends for the month. The pullback in sales was primarily driven by declines in lower-priced detached and semi-detached homes, where there was limited supply choice compared to last year.
Local REALTORS® to invest $500,000 into housing and shelter initiatives
May 22, 2024
Price growth persists in Calgary as seller's market prevails
May 01, 2024
City of Calgary, May 1, 2024 – Sales in April rose by seven per cent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 per cent higher than long-term trends for the month. Much of the growth in sales has occurred for relatively more affordable, higher-density products.