Calgary Stats August 2018

(August 01, 2018, posted in Statistics)

Weak sales persist in Calgary and beyond

(July 04, 2018, posted in Statistics)

City of Calgary, July 3, 2018 –Many Canadian energy-related municipalities within Alberta and Saskatchewan have seen housing markets struggle over the past few years, resulting in price declines.

The recent mortgage rule changes and higher lending rates are factors weighing on demand and prices across some of those areas.

"While our economy is no longer in a recession, persistently high unemployment... read more.

Housing Market Inventory on the Rise

(April 03, 2018, posted in Statistics)

Prices remain stable compared to last year

As expected, slow sales this quarter have persisted through March in the City of Calgary. This is not a surprise, after stronger growth in sales at the end of last year following the announced changes to the lending market.

First quarter sales totalled 3,423 units, nearly 18 percent below last year's levels and 24 percent below long-term averages. Easing sa... read more.

A Bumpy Road to Recovery

(March 02, 2018, posted in Statistics)

Calgary, March 1, 2018 –

Residential home sales declined in February, but a decline in new listings helped keep prices steady this month.

Sales totalled 1.094 units in February, 18 percent below last year's activity. Easing sales occurred across all property types this month, which outpaced the sales growth that occurred in January. After the first two months of the year, sales activity remains well... read more.

Higher Sales Numbers Paired with Higher Inventory gives you...

(January 05, 2018, posted in Statistics)

It was a pleasant surprise in December that the Holiday Season not only brought cheer and goodwill (and frigid temperatures that we are glad to see gone), but with it higher sales numbers than we have seen in the previous couple of years in the same month. While we did see an increase in sales, there was also an increase in the listing inventory which helped push our absorption rate up to 4.29 mon... read more.