Media Releases
CREB® Charitable Foundation honours three decades of giving with $300,000 donation
Sept. 27, 2017
Yesterday, the CREB® Charitable Foundation, CREB®'s giving arm, donated $300,000 to three deserving local charities through its Investing in HOPE program at its 30th anniversary celebration.
CREB® Charitable Foundation brings local REALTORS® together to build homes with Habitat for Humanity
Sept. 21, 2017
Today, the CREB® Charitable Foundation sent out a team of 24 local Realtors to take part in a Habitat for Humanity Build Day in the northwest community of Bowness. The CREB® Charitable Foundation donated $50,000 toward these Habitat homes in Bowness and the Alberta Real Estate Foundation (AREF) provided a $50,000 matching grant.
Housing recovery a balancing act
Sept. 01, 2017
Growth in new listings outpaced sales preventing inventory declines
Sales posted a modest gain in August, but a rise in new listings kept inventory levels elevated.
Mid-Year market update shows stability
Aug. 17, 2017
CREB® forecasts a process of recovery for the remainder of 2017
The first-half of 2017 marked a shift in Alberta’s economy from recession to recovery, with conditions supporting stability rather than expansion.
Housing recovery remains a work-in-progress
Aug. 01, 2017
Market sees modest inventory gains, but overall prices inch up
Sales exhibited stable growth through the first half of the year in the Calgary housing market, but the number of transactions slowed slightly in July compared to last year.
June spells a gradual recovery
July 04, 2017
Stable prices in detached sector signal balanced conditions despite increased inventory
Calgary’s housing market in June saw a modest improvement in sales along with an increase in new listings.
Home prices remained stable in May
June 01, 2017
Demand for detached housing continues to rise
Fueled by the detached sector, Calgary home prices trended up for the fourth consecutive month, but remain below 2014 highs.
Housing market retains momentum in April
May 01, 2017
City-wide prices hold steady as labour market improves
Calgary’s housing market continued to show signs of stability in April. With improvements in the labour market and a balanced detached sector, city-wide benchmark prices reached $439,600 in April, similar to the previous month, but 0.90 per cent below last year’s levels.
Housing market set for favourable lead into spring
April 03, 2017
Detached prices stabilize as city-wide inventory trends down
After a long period of disconnect between supply and demand, Calgary's detached housing sector is firmly in balanced territory. Sales were still 10 per cent below long-term trends in March, but above levels seen in recent years, while average inventory declined compared to last year, supporting price stability in the detached market.
A transition in the making
March 10, 2017
After the first two months of the year, Calgary's detached sector continues to drive a slow transition in the housing market. February sales totaled 1,342 units, which is still 19 per cent below long-term averages, but an improvement over the past two years.