MARCH 2026 MARKET UPDATE
Posted on Mar 02, 2026 in Market Updates
Calgary continued to see market conditions vary by property type in February. The tightest conditions occurred in detached and semi-detached properties, reporting less than three months of supply. Row homes reported slightly higher supply levels relative to demand but remained relatively...
FEBRUARY 2026 MARKET UPDATE
Posted on Feb 02, 2026 in Market Updates
Calgary reported 1,234 sales in January, a year-over-year decline of 15%, but in line with typical levels of activity for the month. While sales declined across all property types, the steepest declines occurred in higher-density homes.
“Following the typical December slowdown, potenti...
CREB: 2025 ECONOMIC REVIEW & FORECAST
Posted on Jan 21, 2026 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...
CREB: 2025 SUMMARY & 2026 FORECAST
Posted on Jan 21, 2026 in Market Updates
The Calgary Real Estate Board (CREB®) recently released the 2026 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.
Here is a look at what CREB says about the Calgary econo...
JANUARY 2026 MARKET UPDATE
Posted on Jan 05, 2026 in Market Updates
The 2025 housing market shifted to more balanced conditions
Following several years of strong price growth, 2025 marked a year of transition thanks to strong demand and limited supply. Due to record-high starts, supply levels improved across all aspects of the housing market, just as demand pressure eased due to a reduction in migration levels and h...
DECEMBER 2025 MARKET UPDATE
Posted on Dec 03, 2025 in Market Updates
Conditions remain relatively balanced as we head into the winter months.
In line with typical seasonal trends, sales, new listings and inventory levels all slowed relative to last month. The 1,553 sales were met by 2,251 new listings, improving the sales-to-new-listings ratio to 69%. This also helped support some of the inventory adjustments. Howeve...
NOVEMBER 2025 MARKET UPDATE
Posted on Nov 03, 2025 in Market Updates
Inventory levels eased over last month thanks to the combined impact of a monthly pullback in new listings and a monthly pick up in sales.
With 6,471 units in inventory and 1,885 sales the October months of supply returned to three-and-a-half months after pushing up to four months...
OCTOBER 2025 MARKET UPDATE
Posted on Oct 01, 2025 in Market Updates
A boost in new listings drives further inventory gains and price adjustments.
The 1,720 sales in September were not high enough to offset the 3,782 new listings coming onto the market, driving further inventory gains as we move into the fall. There were 6,916 units in inventory in September, 36 percent higher than last year and over 17 percent highe...
SEPTEMBER 2025 MARKET UPDATE
Posted on Sep 02, 2025 in Market Updates
Price declines mostly driven by higher density home types.
Improving supply choice has changed the dynamics of the Calgary market driving price declines over the past several months. Higher price adjustments are occurring for apartment and row style properties while detached and semi-detached properties have reported modest declines. As of August, t...
AUGUST 2025 MARKET UPDATE
Posted on Aug 01, 2025 in Market Updates
Supply growth weighs on home prices.
Thanks to gains mostly occurring in the newer communities, inventory levels in July reached 6,917 units, a level not seen since before the pandemic and higher than long-term trends. While supply has improved across all property types and districts, the largest gains are occurring in areas where new community grow...
JULY 2025 MARKET UPDATE
Posted on Jul 03, 2025 in Market Updates
Gains in resale supply mostly impact apartment and row-style home prices.
Inventory levels in June continued to rise, both over last month’s and last year’s levels. By the end of the month, inventory reached 6,941 units, returning to levels reported in 2021, or prior to the surge in population growth. While sales have remained consistent with long-t...
CREB® CALGARY SPRING 2025 REPORT
Posted on Jun 23, 2025 in Market Updates
The Calgary Real Estate Board (CREB®) has released its spring 2025 housing market update, an overview of the state of the real estate landscape in Calgary and surrounding areas. The report updates the forecast for 2025 that CREB® released in January, highlighting trends in sales, pricing, the economic forces that are currently affecting the market...
JUNE 2025 MARKET UPDATE
Posted on Jun 02, 2025 in Market Updates
Price adjustments begin, but are mostly driven by apartment and row style homes.
Thanks to steep pullbacks in the apartment condominium sector, total residential sales in Calgary eased by 17 per cent compared to May of last year. While the drop does seem significant, the 2,568 sales this month remain 11 per cent higher than long-term trends for May...
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: 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...
CREB: 2024 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...
JANUARY 2025 MARKET UPDATE
Posted on Jan 02, 2025 in Market Updates
The year ended with 1,322 sales in December, a three percent decline over last year, but nearly 20 percent 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.
“Population gains over the past several years have...
DECEMBER 2024 MARKET UPDATE
Posted on Dec 02, 2024 in Market Updates
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 mirror...