Media Releases

City of Calgary, April 1, 2024 – March sales rose to 2,664 units, a 10 per cent year-over-year gain and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March and not enough relative to sales to drive any change in the supply situation. In March, the sales-to-new listings ratio rose to 84 per cent, and the months of supply fell below one month.

City of Calgary, March 1, 2024 – New listings continued to rise in February, reaching 2,711 units. However, the rise in new listings supported further growth in sales, which increased by nearly 23 per cent compared to last year for a total of 2,135 units. The shift in sales and new listings kept the sales-to-new listings ratio exceptionally high at 79 per cent, ensuring inventories remained near historic lows. Low supply and higher sales caused the months of supply to fall to just over one month, nearly as tight as levels seen during the spring of last year.

Calgary, AB – Thursday, Feb. 29, 2024 – The Calgary Real Estate Board (CREB^®) is pleased to announce the appointment of Marco De Iaco, a distinguished executive and community leader, to its Board of Directors. This landmark appointment signifies a significant milestone as Marco assumes the role of the first-ever public director to join the board.

Calgary, AB – Tuesday, Feb. 13, 2024 – With a clear focus on protecting Calgary's communities and advocating for a more nuanced approach to zoning, the Calgary Real Estate Board (CREB^®) has issued a statement expressing concerns over the proposed blanket rezoning initiative set forth by the City of Calgary.

City of Calgary, Feb. 1, 2024 – January sales rose to 1,650 units, a significant gain over last year's levels and long-term trends. The growth was possible thanks to a rise in new listings totalling 2,137 units in January. New listings rose for homes priced above $300,000, but the largest gains occurred for homes priced above $700,000.

City of Calgary, Jan. 23, 2024 – The Calgary Real Estate Board (CREB^®) is pleased to announce the release of its highly anticipated 2024 Forecast Calgary and Region Yearly Outlook Report. This comprehensive report, prepared by CREB^® Chief Economist Ann-Marie Lurie, offers a detailed analysis of Calgary's economic and housing market trends and surrounding areas for the upcoming year.

City of Calgary, Jan. 2, 2024 – Sales in 2023 did ease relative to last year's peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. While sales stayed relatively strong, there was a notable shift in activity toward more affordable apartment condominiums style homes.

City of Calgary, Dec. 1, 2023 – New listings in November reached 2,227 units, nearly 40 per cent higher than the exceptionally low levels reported last year at this time. Gains in new listings occurred across most price ranges, but the most significant gains occurred from homes priced over $600,000.

City of Calgary, Nov. 17, 2023 — The Calgary Real Estate Board (CREB^®) has released its Q3 2023 housing market report, providing a comprehensive overview of the real estate landscape in the City of Calgary and surrounding areas. The report showcases trends in sales and pricing, offering valuable insights for industry professionals and prospective homebuyers and sellers.

City of Calgary, November 1, 2023 – October sales activity slowed over the last month in alignment with typical seasonal patterns. However, with 2,171 sales, levels were 17 per cent higher than last year and amongst the highest levels reported for October. Sales activity has been boosted mainly through gains in apartment condominium sales as consumers seek affordable housing options during this period of high-interest rates.