Calgary Real Estate Market Update for May 2019 – Sales Activity Improves Again – May 2019 was the second consecutive month where sales activity improved. In addition to a decrease of new listings, the month finished off with 7,467 total units in inventory, a year-over-year drop of 12 per cent. Improved sales … [Read more...]
Calgary Real Estate Market Update April 2019
May 1, 2019 by Leave a Comment
Calgary Real Estate Market Update for April 2019 - No Change in Sales, But Inventory Declines - Calgary’s residential market saw a slight decline in inventory during April of 2019, with no significant changes in sales activity. In other words, not much has changed from the previous month. Good news is that the drop … [Read more...]
Calgary Real Estate Market Update March 2019
April 1, 2019 by Leave a Comment
Calgary Real Estate Market Update for March 2019 - Oversupply & buyers market continue – City-wide sales slouched in March of 2019 on a year-over-year basis despite improved activity in lower price ranges. First-quarter sales in the Calgary totalled 3,108 units, about 9 per cent lower versus last year and a whopping 28 … [Read more...]
Calgary Real Estate Market Update February 2019
March 5, 2019 by Leave a Comment
Calgary Real Estate Market Update February 2019 - Oversupply Continues to Weigh in on Market - The economic climate in the city of Calgary continue to weigh in on sales activity and inventory levels. Not much has changed from January 2019. Benchmark prices across all sectors are being affected by the continual … [Read more...]
Calgary Housing Market Outlook: 2018 Review & 2019 Predictions
February 20, 2019 by Leave a Comment
Calgary Housing Market Outlook: 2018 & 2019 Many home buyers and sellers have lots of questions when it comes to making a move in today’s housing market. If you're wondering what's going to happen in Calgary's residential sector in 2019, you should read on. Just recently the Calgary Real Estate Board (CREB®) published … [Read more...]
Calgary Real Estate Market Update January 2019
February 2, 2019 by Leave a Comment
Calgary Real Estate Market Update January 2019 - Slow Sales to Start Off the New Year – Economic challenges continue to make Calgary’s residential market recovery as sluggish as it gets. This is similar to the statistics seen in December of 2018. In January of 2019, total sales were 16 percent lower on a year-over-year … [Read more...]
Calgary Real Estate Market Update December 2018
January 2, 2019 by Leave a Comment
Calgary Real Estate Market Update for Dec. 2018 - Economy Continues to Affect Market - Oversupply has continued to affect Calgary’s residential market in December, with overall benchmark prices dropping by 1 percent month-to-month and 3 percent year-over-year. This trend is in line with that seen in November of 2018 as … [Read more...]
Calgary’s Real Estate Market in 2019: What to Expect
December 12, 2018 by Leave a Comment
Calgary Housing Market Predictions for 2019 It’s been a tough year for the residential market in Calgary. A slow economy along with oil price differentials and a challenging employment outlook all continue to weigh in on the housing market. But what about in 2019? Will these trends continue? Here’s some of the most … [Read more...]
Calgary Real Estate Market Update November 2018
December 3, 2018 by Leave a Comment
Calgary Real Estate Market Update November 2018 - Tough economic conditions affecting resale market – Year-to-date, there was 15,349 total units sold, a 14 percent drop comparatively year-over-year and 20 percent below the decade long average. This continues the downward market trend seen in October … [Read more...]
Calgary Real Estate Market Update October 2018
November 2, 2018 by Leave a Comment
Calgary Real Estate Market Update October 2018 - Oversupply weighs heavily on benchmarks – Calgary’s real estate market continues to see elevated inventory levels versus sales activity, reducing benchmark prices even further for all segments. This trend is like that seen in September. In October 2018, city-wide benchmark … [Read more...]
