MARKET UPDATES

DECEMBER 2022 MARKET UPDATE

Posted on Dec 01, 2022 in Market Updates

2022 on track to be a record year for sales - Residential sales in the city slowed to 1,648 units, a year-over-year decline of 22 per cent, but 12 per cent above the 10-year average.

The pullback in sales over the past six months was not enough to erase gains from earlier in the year as year-to-date sales remain nearly 10 per cent above last year’s...

NOVEMBER 2022 MARKET UPDATE

Posted on Nov 01, 2022 in Market Updates

Sales remain stronger than pre-covid levels - October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector.

However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported prior to the pandemic. Year-to-date sales have reached 26,823 and with only two months to g...

OCTOBER 2022 MARKET UPDATE

Posted on Oct 03, 2022 in Market Updates

Demand shifting to more affordable options - Strong sales for condominium apartment and row properties was not enough to offset declines reported for other property types. This caused city sales to ease by nearly 12 per cent compared to last year.

However, with 1,901 sales in September, activity is still far stronger than levels achieved prior to th...

SEPTEMBER 2022 MARKET UPDATE

Posted on Sep 01, 2022 in Market Updates

Supply levels ease with fewer new listings in August - August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month.

While sales have remained relatively strong, there continues to be a shift towards more affordable options as the year-over-year pullback in detached sales was nearly match...

CALGARY Q2 2022 MARKET UPDATE

Posted on Aug 16, 2022 in Market Updates

CREB, August 2022 – Within the city of Calgary, housing sales totalled 18,694 units in the first half of 2022, with sales in the second quarter nearly matching the record-high pace set in the first quarter of the year.

“This doesn’t come as a surprise as consumers were eager to get into the market ahead of rate gains while they still had low pre-app...

AUGUST 2022 MARKET UPDATE

Posted on Aug 02, 2022 in Market Updates

Detached home sales decline as apartment condominium sales rise - Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent lower than levels recorded last year. While this is the second month where sales activity has slowed, total resident...

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