Real Estate Statistics
May sales reach a record high
Thanks to a significant gain in apartment condominium sales, May sales rose to 3,120, a new record high for the month. While the monthly gains have not outweighed earlier declines, this does reflect a shift from the declines reported at the start of the year.…
April 2023 Stats – Prices reach new record high
Persistent sellers’ market conditions placed further upward pressure on home prices in April. After four months of persistent gains, the total unadjusted benchmark price reached $550,800, nearly two per cent higher than last month and a new monthly record high for the city. “While sales…
March 2023 Stats – Prices rise as conditions favour the seller
The March 2023 real estate stats were released by CREB® - I myself have remained very very busy with lots of transactions and still seeing multiple offers. The release starts, sales and new listings have improved over the levels reported at the beginning of the…
February 2023 Calgary & Area Real Estate Stats
The Calgary and area real estate market is still a seller’s market with less than 2 months inventory available for current buyers. In fact, all of my last offers have been between $20k-$50k over the asking price. It’s really important to pay attention to local…
January Real Estate Statistics
The Calgary Real Estate Board (CREB®) released the January statistics reporting the supply of lower-priced homes remains low for January. They went on to say, the level of new listings in January fell to the lowest levels seen since the late 90s. While new listings…
2023 Real Estate Forecast
The Calgary Real Estate Board (CREB®) held their annual Forecast last week, releasing their yearly outlook report for 2023 and the news is good - while economic growth is expected to slow, forecasters are not calling for a recession in the province. Migration continues to…
2022 saw record-high sales and double-digit price growth
CREB® released their final monthly stats package for 2022 saying the year saw record-high sales and double-digit growth. December sales eased, however, slowing sales over the second half of 2022 were not enough to offset earlier gains as sales reached a record high of 29,672…
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…
Real Estate Stats in Perspective
The Real Estate demand in Calgary and surrounding cities remains very strong! The main question I am being asked is always, how is the market doing since all the interest increases? To answer this question, I have put a chart together from January 2022 to…
October 2022 Real Estate Statistics – Sales remain stronger than pre-covid levels
As released by CREB® on November 1, 2022 – full link here. 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…