REALTORS® serving Calgary and area

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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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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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Sales continue to surge as listings rise

March 01, 2022

City of Calgary, March 1, 2022 – Thanks to a surge in new listings, sales activity reached a record high for the month of February with 3,305 sales. The rise in new listings caused adjusted inventories to rise above last months levels. However, with only one month of supply, the market continues to favour the seller. 

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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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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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Sales activity increase led by lower-priced homes

Sept. 03, 2019

City of Calgary, September 3, 2019 – Increased sales and easing new listings reduced housing inventories in August. Sales were primarily driven by homes priced below $500,000.

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Oversupply is slowing, but a buyers' market remains

July 02, 2019

City of Calgary, July 2, 2019 – New listings coming onto the market continued to decline in June, which is helping to reduce the oversupply of homes in Calgary.

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New year kicks off with slow sales

Feb. 06, 2019

City of Calgary, February 1, 2019 – As economic challenges linger into 2019, housing markets remain on a sluggish pace.

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