MAY 2025 MARKET UPDATE
Posted on May 02, 2025 in Market Updates
Balanced Conditions Take Pressure Off Prices
A boost in new listings this month relative to sales caused April inventories to rise to 5,876 units. While this is more than double the levels reported last year, supply last year was exceptionally low and current levels are consistent with levels we traditionally see in April. Sales in April reached 2,2...
APRIL 2025 MARKET UPDATE
Posted on Apr 01, 2025 in Market Updates
Uncertainty is weighing on the housing market.
Ongoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing activity in March. Sales declined by 19 percent year-over-year, totaling 2,159 units. Sales slowed across all property types, with the steepest decline in higher-density segments.
“It is not a...
MARCH 2025 MARKET UPDATE
Posted on Mar 04, 2025 in Market Updates
Sales remain above long-term trends despite declines.
Inventory levels saw substantial year-over-year growth for the second month in a row, rising by 76 percent 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.
The increase was driven by substantial grow...
FEBRUARY 2025 MARKET UPDATE
Posted on Feb 03, 2025 in Market Updates
Following three consecutive years of limited supply choice, inventory levels in January rose to 3,639 units. While the 70 percent 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 apartmen...
CREB: 2024 MARKET SUMMARY & 2025 FORECAST
Posted on Jan 22, 2025 in Market Updates
Here is a look at what CREB says about the Calgary economy. If you are looki...
CREB: 2024 ECONOMIC REVIEW & 2025 FORECAST
Posted on Jan 22, 2025 in Market Updates
The Calgary Real Estate Board (CREB) recently released their annual market and economic review and forecast. This annual report examines the housing sector, the local Calgary economy, and other variables that impact real estate, such as lending rates and migration patterns.
Here is a look at what CREB says about the Calgary economy. If you are looki...