Author name: Calgary Elite

March 2025 Real Estate update

March 2025 Calgary Housing Market Update UNCERTAINTY WEIGHING ON HOUSING MARKET Ongoing economic uncertainty, driven by tariff threats, has weighed on consumer confidence and impacted housing activity in March. Sales declined by 19 per cent year-over-year, totaling 2,159 units. Sales slowed across all property types, with the steepest declines seen in higher-density segments. “It is …

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FEBRUARY 2025 HOUSNG MARKET UPDATE

FEBRUARY 2025 Calgary Market Update 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 per cent 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 …

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SUPPLY LEVELS IMPROVE IN JANUARY

JANUARY 2025 Calgary Market Update SUPPLY LEVELS IMPROVE IN JANUARY Following three consecutive years of limited supply choice, inventory levels in January rose to 3,639 units. While the 70 per cent 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 …

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646 Diamond Court SE Asking Price $1,199,000

Welcome to this extensively renovated 4-bedroom 3-bathroom Bungalow in Diamond Cove SE. This 2600 total sq ft. developed home has been professionally renovated by Reno Pros with the Interior design by Harmony Interiors. The home has such features as new Hardie board siding, rubber roof, 23’x10′ deck with aluminum railing, New Exterior & Interior lighting, …

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November 2024 Calgary Real Estate Update

NOVEMBER 2024 Calgary Market Update   City of Calgary,  December  2, 2024  SUPPLY ON THE RISE, BUT NOT ACROSS ALL PRICE RANGES 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, …

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October 2024 Calgary Market Update

October 2024 Calgary Market Update OCTOBER 2024 Calgary Market Update SUPPLY LEVELS IMPROVING FOR HIGHER-PRICED HOMES. Sales gains for homes priced above $600,000 offset declines at the lower end of the market, resulting in October sales that were similar to last year. The 2,174 sales in October increased over September and stood 24 per cent …

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SEPTEMBER 2024 CALGARY MARKET UPDATE

SEPTEMBER 2024 Calgary Market Update New listing growth driven by higher-priced homes Rising sales in the upper price ranges were not enough to offset the pullback occurring in the lower price ranges, as sales in September were 2,003, 17 per cent below last year’s record high. Despite the decline, sales this month were still over …

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Calgary Real Estate

AUGUST 2024 CALGARY MARKET UPDATE

AUGUST 2024 Calgary Market Update CALGARY HOUSING MARKET SEES SHIFTS Housing activity continues to move away from the extreme sellers’ market conditions experienced throughout the spring. Easing sales, combined with gains in supply, pushed the months of supply above two months in August, a level not seen since the end of 2022. “As expected, rising …

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