News & Blogs

Calgary Housing Stats - July 2020

Posted on Aug 07, 2020

July continues the uptrend that we saw last month.

Normally we base our predictions for the real estate market on the energy sector in Alberta and how it’s doing. For now, we have to add COVID-19 to that. It kept a lot of potential Buyers away from the market earlier this year and as soon as some restrictions were lifted by the province, many of the...

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Calgary Housing Stats - June 2020

Posted on Jul 06, 2020

Buyers came out of hiding and many of them put pen to paper.

After 3 months of getting slammed by COVID-19, the Calgary real estate market took a serious turn in June. As soon as some of the restrictions were lifted, we saw an increase in sales of 667 from May, down only 2% from June of 2019.

That being said, we are technically still in the midst of...

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Calgary Housing Stats - May 2020

Posted on Jun 05, 2020

COVID-19 is still kicking the housing market’s butt, but… things are looking better.

May saw an overall increase from April even though we were still in lockdown. As restrictions are slowly lifted in our province, we should see things improving even more in the coming months.

While there’s still an oversupply of inventory, sellers and buyers seem to...

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Calgary Housing Stats - April 2020

Posted on May 06, 2020

Yikes, COVID-19 is taking a toll.

Over a month of self-isolation is taking its toll… on everyone and everything. The housing market is no exception, seeing a decline in sales nearly 63% over April of last year. This month saw a total of only 1,425 new listings, down 54.41% from the same time in 2019, with a lowered inventory of 5,565. The Median pri...

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Calgary Housing Stats - March 2020

Posted on Apr 03, 2020

COVID-19 puts a damper on the housing market.

March ended up seeing a total sales number of 1,177, down 11.3% from March of 2019. New listings totalled 2,418, down 18.8% from this time last year. With a median price of $410,000, down 0.61%, the total inventory ended up at 5,782, down 12.54% from last year.

March sales started out strong, but things c...

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Calgary Housing Stats - February 2020

Posted on Mar 03, 2020

Things are looking up for Calgary.

February scored an extra day this year and the numbers reflect it. The number of total sales was 1,197, up 23.02% from the previous year. The median sale price was $412,500, up 3.32% from the same time in 2018. New listings totalled 2,518, bringing the inventory to 5,494.

CREB® chief economist Ann-Marie Lurie had th...

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