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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® welcomes Marco De Iaco as first public director

Feb. 29, 2024

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.

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Supply levels ease with fewer new listings in August

Sept. 01, 2022

City of Calgary, September 1, 2022 – August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month.

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CREB®'s Q1 2022 Housing Market Report

April 22, 2022

City of Calgary, April 22, 2022 –

For the full report, please download CREB®’s Q1 2022 Calgary & Region Quarterly Update Report here.

The first quarter of 2022 saw record high sales activity, thanks to an increase in new listings. This provided some choice for buyers in comparison to the previous quarter, where sales exceeded the number of new listings.

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Record high sales seen again in March

April 01, 2022

City of Calgary, April 1, 2022 – For the second month in a row, sales activity not only reached a monthly high but also hit new record highs for any given month. Gains occurred across every property type as they all hit new record highs.

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Sellers' market conditions continue to impact prices

Feb. 01, 2022

City of Calgary, Feb. 1, 2022 – Thanks to persistently strong sales, inventory levels in the city eased to 2,620 units, the lowest levels seen since 2006. This caused the months of supply to remain exceptionally low for this time of year at 1.3 months.

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Calgary housing market expected to remain strong in 2022 after record-breaking 2021

Jan. 25, 2022

City of Calgary, Jan. 25, 2022 – Housing market activity in 2022 is expected to moderate relative to record levels of activity in 2021, while remaining stronger than historical levels.

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2021 record year for home sales

Jan. 04, 2022

City of Calgary, Jan. 4, 2022 – Thanks to exceptionally high sales in December, 2021 was a record year for home sales. Calgary sales reached 27,686 units this year, nearly 72 per cent higher than last year and over 44 per cent higher than the 10-year average.

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Persistent sellers' market conditions drive up prices

Dec. 01, 2021

City of Calgary, Dec. 1, 2021 – Driven by growth in demand for all property types, there were 2,110 sales in November, just shy of the record for the month set in 2005.

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Market continues to favour the seller in October

Nov. 01, 2021

City of Calgary, Nov. 1, 2021 – There were 2,186 sales in October, a record high for the month and over 35 per cent higher than longer-term averages. Year-to-date sales are on pace to hit new record highs and are currently 61 per cent higher than average activity recorded over the past five years and 42 per cent higher than 10-year averages.
 
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