REALTORS® serving Calgary and area

Media Releases

Supply on the rise, but not across all price ranges

Dec. 02, 2024

Calgary, Alberta, December 2, 2024 – As we transition into winter, Calgary's housing market is following typical seasonal trends, with activity slowing compared to the fall. However, year-over-year demand remains relatively strong. In November, increased sales in detached, semi-detached, and row homes offset a decline in apartment condominium sales. The 1,797 sales for November mirrored last year’s levels and remained 20 per cent above long-term trends for the month.

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Calgary REALTORS® fund improvements to housing quality in their community

Nov. 26, 2024

Calgary, Alberta, Nov. 22, 2024 – CREB® REALTOR® Community Foundation today awarded a total of $45,000 in grants to improve housing quality for the community’s most vulnerable. Radiance Family Society, Calgary Drop-In Centre and Onward Homes Society will each receive $15,000 as part of the foundation’s annual Transformation Grant program.

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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.

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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.

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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.

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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.

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Supply levels improve, taking some pressure off prices

Aug. 01, 2024

Calgary, Alberta, August 1, 2024 — With the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66 per cent, supporting a gain in inventory. 
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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.

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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.

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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.

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