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Sales continue to surge as listings rise

Posted on Mar 03, 2022

City of Calgary, March 1, 2022 – Thanks to a surge in new listings, sales activity reached a record high for the month of February with 3,305 sales. The rise in new listings caused adjusted inventories to rise above last months levels. However, with only one month of supply, the market continues to favour the seller.

“Sales have been somewhat restr...

Sellers’ market conditions continue to impact prices

Posted on Feb 07, 2022

City of Calgary, Feb. 1, 2022 – Thanks to persistently strong sales, inventory levels in the city eased to 2,620 units, the lowest levels seen since 2006. This caused the months of supply to remain exceptionally low for this time of year at 1.3 months.

The tight market conditions contributed to further upward pressure on prices. The unadjusted benc...

Calgary housing market expected to remain strong in 2022 after record-breaking 2021

Posted on Jan 26, 2022

City of Calgary, Jan. 25, 2022 – Housing market activity in 2022 is expected to moderate relative to record levels of activity in 2021, while remaining stronger than historical levels.

“Despite challenges with COVID-19, we are starting to see a turnaround in our job and migration numbers, and while interest rates are expected to rise, they remain re...

2021 record year for home sales

Posted on Jan 09, 2022

City of Calgary, Jan. 4, 2022 – Thanks to exceptionally high sales in December, 2021 was a record year for home sales. Calgary sales reached 27,686 units this year, nearly 72 per cent higher than last year and over 44 per cent higher than the 10-year average.

“Concerns over inflation and rising lending rates likely created more urgency with buyers o...

Persistent sellers’ market conditions drive up prices

Posted on Dec 01, 2021

City of Calgary, Dec. 1, 2021 - Driven by growth in demand for all property types, there were 2,110 sales in November, just shy of the record for the month set in 2005.

“Lending rates are expected to increase next year, which has created a sense of urgency among purchasers who want to get into the housing market before rates rise,” said CREB® Chief...

CREB®’s Q3 2021 Housing Report released

Posted on Oct 22, 2021

City of Calgary, Oct. 19, 2021 –

For the full report, please download CREB®'s Q3 2021 Calgary & Region Quarterly Update Report here.

The pace of growth and level of sales have eased from the record highs seen in the second quarter, but with 6,628 sales, this was the best third quarter since 2014.

Much of the strength in demand was likely driven by th...

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Sales continue to surge as listings rise

Sellers’ market conditions continue to impact prices

Calgary housing market expected to remain strong in 2022 after record-breaking 2021

2021 record year for home sales

Persistent sellers’ market conditions drive up prices

CREB®’s Q3 2021 Housing Report released

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