October 2019

Third quarter 2019 housing market update: Stronger sales driven by affordable product and supply reduction

Posted on Oct 22, 2019

City of Calgary, October 22, 2019 – Third-quarter activity continues to show signs of improvement. Similar to last quarter, much of the improvement in the market has been driven by supply adjustments.However, the housing market has also benefited from stronger year-over-year gains in sales activity this quarter. Price declines have likely contribut...

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Shifting to Stability

Posted on Oct 02, 2019

City of Calgary, October 1, 2019 – For the third consecutive month, sales activity improved over last year’s figures, and year-over-year new listings and inventories eased. This trend will help support more stability in the housing market.“Price declines have likely brought some buyers back into the market,” said CREB® chief economist Ann-Marie Lur...

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