Media Releases
CREB® members vote down merger with AREA
March 15, 2023
City of Calgary, March 15, 2023 – At a Special General Meeting (SGM) held today, Calgary Real Estate Board (CREB®) voted down a resolution to dissolve its operations, a move that would have initiated a merger with the Alberta Real Estate Association (AREA).
Lowest February inventory since 2006
March 01, 2023
City of Calgary, March. 1, 2023 – 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.
Supply of lower-priced homes remains low for January
Feb. 01, 2023
City of Calgary, Feb. 1, 2023 – 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.
Calgary housing market expected to stabilize in 2023
Jan. 24, 2023
City of Calgary, Jan. 24, 2023 – 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.
2022 saw record-high sales and double-digit price growth
Jan. 03, 2023
December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672 units in 2022.
2022 on track to be a record year for sales
Dec. 01, 2022
City of Calgary, Dec. 1, 2022 – Residential sales in the city slowed to 1,648 units, a year-over-year decline of 22 per cent, but 12 per cent above the 10-year average.
Realtors help to transform housing quality in Calgary and area
Nov. 22, 2022
City of Calgary, Nov.22, 2022 – CREB® REALTOR® Community Foundation has awarded Transformation Grants to the Alexandra Community Health Centre (The Alex), Children's Cottage Society and Inn from the Cold.
Sales remain stronger than pre-covid levels
Nov. 01, 2022
City of Calgary, Nov. 1, 2022 – October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector.
Demand shifting to more affordable options
Oct. 03, 2022
City of Calgary, October 3, 2022 – Strong sales for condominium apartment and row properties was not enough to offset declines reported for other property types. This caused city sales to ease by nearly 12 per cent compared to last year.
Local REALTORS® give back to diverse housing needs
Sept. 20, 2022
City of Calgary, Sept. 20, 2022 – CREB® REALTOR® Community Foundation has awarded $75,000 in grant funding to the Calgary John Howard Society, Kerby Centre and L’Arche Association of Calgary.