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Sales remain above long-term trends despite declines

March 03, 2025

Calgary, Alberta, March 4, 2025 – Inventory levels saw substantial year-over-year growth for the second month in a row, rising by 76 per cent to 4,145 units in February. While inventory increases were seen across all price ranges, the largest increases were in homes priced under $500,000.

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Supply levels improve in January

Feb. 03, 2025

Calgary, Alberta, February 3, 2025 – Following three consecutive years of limited supply choice, inventory levels in January rose to 3,639 units. While the 70 per cent year-over-year gain is significant, inventory levels remain lower than the over 4,000 units we would typically see in January. Inventories rose across all property types, with some of the largest gains driven by apartment-style condominiums.

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CREB® Unveils 2025 Forecast Calgary and Region Yearly Outlook Report

Jan. 21, 2025

City of Calgary, Jan. 21, 2025 – The Calgary Real Estate Board (CREB®) is pleased to announce the release of its 2025 Forecast Calgary and Region Yearly Outlook Report. This comprehensive report, prepared by CREB® Chief Economist Ann-Marie Lurie, provides an in-depth analysis of Calgary’s economic and housing market trends for the upcoming year.

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2024 marks another strong year for sales and price growth

Jan. 02, 2025

Calgary, Alberta, January 2, 2025 – The year ended with 1,322 sales in December, a three per cent decline over last year, but nearly 20 per cent higher than long-term trends. Overall sales in 2024 were just shy of last year’s levels, as gains for higher-priced homes offset pullbacks in the lower price ranges caused by supply challenges.

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Supply on the rise, but not across all price ranges

Dec. 02, 2024

Calgary, Alberta, December 2, 2024 – As we transition into winter, Calgary's housing market is following typical seasonal trends, with activity slowing compared to the fall. However, year-over-year demand remains relatively strong. In November, increased sales in detached, semi-detached, and row homes offset a decline in apartment condominium sales. The 1,797 sales for November mirrored last year’s levels and remained 20 per cent above long-term trends for the month.

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Supply levels improving for higher-priced homes

Nov. 01, 2024

Calgary, Alberta, November 1, 2024 – Sales gains for homes priced above $600,000 offset declines at the lower end of the market, resulting in October sales that were similar to last year. The 2,174 sales in October increased over September and stood 24 per cent above long-term trends for the month.

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New listing growth driven by higher-priced homes

Oct. 01, 2024

Calgary, Alberta, October 1, 2024 – Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year's record high. Despite the decline, sales this month were still over 16 per cent higher than levels traditionally achieved in September.

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Calgary housing market sees shifts

Sept. 03, 2024

Calgary, Alberta, September 3, 2024 - Housing activity continues to move away from the extreme sellers’ market conditions experienced throughout the spring. Easing sales, combined with gains in supply, pushed the months of supply above two months in August, a level not seen since the end of 2022.

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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® releases Q2 2024 Calgary and region housing market report

July 19, 2024

City of Calgary, July 19, 2024 — The Calgary Real Estate Board (CREB®) has released its Q2 2024 housing market report, providing an overview of the real estate landscape in Calgary and surrounding areas. The report showcases trends in sales and pricing, offering valuable insights for industry professionals and prospective homebuyers and sellers.

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