August 1, 2024 July 2024 Calgary Market Update Supply levels improve, taking some pressure off prices With the busy spring market behind us, we are starting to see some shifts in supply levels. With 2,380 sales and 3,604 new listings, the sales-to-new listings ratio fell to 66 per cent, supporting a gain in inventory. Inventories …
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 …
May 2024 Calgary Market Update Calgary home sales remain robust despite supply shortages in lower price ranges In a market that continues to show resilience, May saw a total of 3,092 resale home sales. While this figure is nearly one per cent below last year’s record high, it is 34 per cent higher than long-term …
May 5th, 2024 https://www.youtube.com/watch?v=vVmUIp07y8Y Curious about the latest trends in Calgary real estate? Dive into our latest video where Ken dissects the April 2024 statistics, revealing a booming seller’s market. Stay informed with in-depth analysis on Calgary real estate stats and gain valuable insights for your next move. Looking at selling your property in …
April 2024 Calgary Market Update Price growth persists in Calgary as sellers market prevails Sales in April rose by seven per cent compared to last year, to 2,881 units. While the pace of growth did ease compared to earlier in the year, sales remain 37 per cent higher than long-term trends for the month. Much …
March 2024 Calgary Market Update March reflects strong seller’s market and price increases March sales rose to 2,664 units, a 10 per cent year-over-year gain and much higher than long-term trends. While new listings did pick up over last month, the 3,172 units were still below what we typically see in March and not …
February 2024 Calgary Market Update Low inventory and high demand drive price gains in February. New listings continued to rise in February, reaching 2,711 units. However, the rise in new listings supported further growth in sales, which increased by nearly 23 per cent compared to last year for a total of 2,135 units. The …
JANUARY 2024 HOUSING MARKET UPDATE January sees strong sales fuel boost in new listings. January sales rose to 1,650 units, a significant gain over last year’s levels and long-term trends. The growth was possible thanks to a rise in new listings totalling 2,137 units in January. New listings rose for homes priced above $300,000, but …
DECEMBER 2023 HOUSING MARKET UPDATE December 2023 Housing Market Update Strong migration and low supply drive Calgary housing prices in 2023 Sales in 2023 did ease relative to last year’s peak, but with 27,416 sales, levels were still far higher than long-term trends and activity reported before the pandemic. While sales stayed relatively strong, there …
As a dedicated and experienced real estate team, we extend our heartfelt thanks to our valued clients for making 2023 an extraordinary year. Your trust in us has been the cornerstone of our success. Visit our website to find out more about our personalized approach to real estate, the latest listings, and the latest market …