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CREB MARKET STATS - March 2024
March reflects strong seller's market and price increases
City of Calgary, April 1, 2024 – March sales rose to 2,664 units, a 10 per cent year-over-year gain and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March and not enough relative to sales to drive any change in the supply situation. In M ...
CREB MARKET STATS - February 2024
Low inventory and high demand drive price gains in February
City of Calgary, March 1, 2024 – New listings continued to rise in February, reaching 2,711 units. However, the rise in new listings supported further growth in sales, which increased by nearly 23 per cent compared to last year for a total of 2,135 units. The shift in sales and new listings kept the sales-to-new listings ratio ex ...
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CREB MARKET STATS - January 2024
January sees strong sales fueled by boost in new listings
January sales rose to 1,650 units, a significant gain over last year's levels and long-term trends. The growth was possible thanks to a rise in new listings totalling 2,137 units in January. New listings rose for homes priced above $300,000, but the largest gains occurred for homes priced above $700,000.
The rise in new listings r ...
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CREB MARKET STATS - December 2023
Strong migration and low supply drive Calgary housing prices in 2023
Sales in 2023 did ease relative to last year's peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. While sales stayed relatively strong, there was a notable shift in activity toward more affordable apartment condominiums style homes.
“Higher lendi ...
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Alberta Bound
Alberta's Population Surge
In the poetic verses of Gordon Lightfoot, Alberta proudly basks in the glow of prairie lights, signaling a consistent stream of newcomers and solidifying its reputation as a demographic magnet in Canada.
Interprovincial Migration: An Unmatched Streak Since 1971
During the third quarter of 2023, Alberta experienced a noteworthy net interprovincial migration, welco ...
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CREB MARKET STATS - NOVEMBER 2023
Increased listings, strong sales, and price growth
City of Calgary, Dec. 1, 2023 – New listings in November reached 2,227 units, nearly 40 per cent higher than the exceptionally low levels reported last year at this time. Gains in new listings occurred across most price ranges, but the most significant gains occurred from homes priced over $600,000.
Despite the year-over-year jump in new li ...
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503 Woodhaven Bay SW
503 Woodhaven Bay SW
Introducing a HIDDEN GEM & RARE FIND on a peaceful & quiet Cul-De-Sac in the Upscale & highly desired area of Woodbine, across from Fish Creek & the ridge. This one-of-a-kind exquisite ESTATE home with over 4230 sq ft of living space for the discerning homeowner. Meticulously maintained & fully developed, featuring a total of 4 Beds, 3.5 Baths & a walk-up lower level.
T ...
CREB Market Stats - October 2023
Price gains continue in Calgary's real estate market as inventory remains low
October sales activity slowed over the last month in alignment with typical seasonal patterns. However, with 2,171 sales, levels were 17 per cent higher than last year and amongst the highest levels reported for October. Sales activity has been boosted mainly through gains in apartment condominium sales as con ...
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3 Benefits to Hiring a Real Estate Agent
3 Benefits to Hiring a Real Estate Agent
The real estate market is competitive and confusing, which can make it difficult to know if a professional is worth the commission they charge. Here are three reasons why it’s a no-brainer to decide to hire a real estate agent to help you sell your home, even in a seller’s market.
Agents Specialize in the Real Estate Market
Agents go to real estate ...
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CREB Market Stats - September 2023
Calgary home sales at record highs in September, yet supply remains a challenge
Sales reached another record high in September with 2,441 sales. Despite the year-over-year gains reported over the past four months, year-to-date sales are still nearly 12 per cent lower than last year's levels.
New listings also improved this month compared to last year and relative to sales. This caused ...
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